In response to:

World Begins to Heal with Taxes on Rich January 1st

Vader!*#% Wrote: Dec 11, 2012 10:22 AM
I believe that 8 out of the 10 richest counties (by per capita income) voted overwheming for BHO. Hollywood and the media love him. So I say sock it to the rich. They voted for higher taxes, give it them. Raise the highest bracket for anything over a million to %50, limit total deductions to $10,000. This should be a deal BHO can't refuse. Yes, there will be some small business guys who get hurt, but Hollywood, media personalities, politicians and Wall Street bankers will bear the brunt. Maybe this might save the Bush cuts for the rest of us.
tired-of-it Wrote: Dec 11, 2012 11:44 AM
Raising income tax is not the answer. Since these elite "thinkers" believe the government is much better at spending money than individuals I think for fairness the wealth of these giants among us peons should have their wealth taxed on any amount over let's say $ 250K in the bank at a 90% rate. That sounds fair to me. (sarc)
Rich L. Wrote: Dec 11, 2012 5:11 PM
They don't keep their money in a bank, so that won't work either. No matter how you try to tax the wealthy, they will find a way to keep it and it will hurt the little guys and those that would become wealthy if allowed.
Jay Wye Wrote: Dec 11, 2012 11:16 AM
useful idiots FELL for their bait and switch;
Comrade Obama talked about taxing millionaires and billionaires,but now it's down to taxing the $250K and up brackets.
And they further fail to see that the real tax burden is going to fall on the brackets UNDER that $250K level.
binc Wrote: Dec 11, 2012 11:34 AM
Rich L. Wrote: Dec 11, 2012 5:09 PM
Yes, but it won't serve the country at all as all will pay the price for the morons (and dead people's) votes.
pamela247 Wrote: Dec 11, 2012 6:05 PM
Guess you haven't heard. It's now been lowered to $200K. The Democrats have a bad habit of changing the rules in the middle of the game.
The Teleprompter Speaks Wrote: Dec 11, 2012 10:48 AM
No, no,no. Income taxes don't affect the rich that way. They already have their money. Most of their "income" isn't taxed as income.
binc Wrote: Dec 11, 2012 11:15 AM
Hmmm, does that mean that the rich will pull out of the market. After all, investing in the market is always somewhat of a risk so if the risk isn't worth it maybe the rich will pull their money out of it. Hmmm, I wonder what that would do to the market and what it would do to all those 401Ks, IRAs and pensions that the middle class think they'll retire on?
Vader!*#% Wrote: Dec 11, 2012 10:24 AM
Oh, I forgot all the worthless and over paid sports figures in that idea.

The Age of Aquarius- long a goal for liberals- will begin in earnest on January 1st, 2013 when more of the planned tax increases on the wealthy created by Obamacare are implemented.

Here’s how it will work:

Finally, the low-down, dirty rich, who are responsible for all the world’s ills, including the short stature, pint-sized intellect and light caliber (pun intended) of Bob Costas, will start paying their fair share.

Time to cue the music from the play Hair:

“The 3.8% Net Investment Tax will be imposed against individuals, estates and trusts on their investment income,” croons TaxNews.com “and...