must-read: "Why 70% tax rates won't work."
In essence, the piece illustrates, chapter and verse, the history that reveals that more money actually flows to the Treasury when there are lower tax rates -- no doubt because of the growth and entrepreneurship spurred by people being allowed to keep more of what they themselves have made.
One would think that would be enough to convince Democrats that raising taxes on "the rich" isn't going to solve any of America's problems. It proves that lower tax rates produce higher revenues (at least to a point of diminishing returns). But don't expect these facts to change Democrats' minds about the desirability of raising taxes.