In response to:

Rich? A Look at What $250,000 Means

Dan369 Wrote: Nov 30, 2012 4:49 PM
They just need to pick a number - 20 Million and impose confiscatory taxes on all holdings over that. Then we'll see how "progressive" the likes of John Kerry, Warren Buffet & Bill Gates are.

As Guy wrote about already, President Obama is proposing $50 billion in new spending on the backs of America's small business owners, otherwise known as those who make more than $250,000 per year. House Majority Whip Kevin McCarthy is out with a new video today explaining why the "rich" tax hike Obama is proposing will only make a bad situation worse for those who are barely capable of being successful in this economy. "This is Small Business America," profiles S corporation owner Jerry Gorski, who lives just 15 miles away from where Obama will kick off his campaign today...