It is easy to get Americans to agree that the Super Rich should at least pay as much as everyone else in Taxes. However How many of those Americans would agree with Higher Taxes on the rich if they knew this little fact. If you have ever run a business you know a few things that Paying basically as individual makes really suck. First they teach you in Business school that most Businesses should keep enough cash on hand to operate for 3 to 6 Months. To get you through the lean times. When sole proprietors or S corporations Want to save money like that from year to year. Money they can not really spend, but need to keep liquid. They end up having to pay Taxes on it as if it were Income even though they can't spend it. If a business plans to Add on in the next calendar year, and plans to spend 200k doing it. They often times also end up being taxes on Income that was not really income as it will indeed be reinvested in the company. There are more Examples of how sole proprietors or S corporations get fucked by the Tax code but I am not going to list them all. The Point is, that just because a sole proprietor or S corporation shows a 1 million dollar profit, does not mean they actually had any where near 1 Million dollars of Person Income from it. If Obama succeeds in Raising taxes on individuals making over 200k, and we do not find a way to exempt these Businesses, It will Destroy what little Job Creation we have.