Of course they do. Ever notice how it is always someone else who should pay higher taxes?
Have you seen the latest stats on who owns the wealth? Basically the top 1% own about 50%, the top 10% own 90% and the bottom 50% of incomes own about 3%.
Who do you think should pay more of the tax burden?
But they do, The Top 10% pay 80% of the Taxes, and you are considering all people acquired money when you call them wealthy. We pay taxes on Annual Income in America, not on the Money we have sitting in the Bank. At least not until we die, then if we have enough sitting in the bank Uncle Same takes 55% of it all.
So what are you people really asking for? The Top annual wage earners already pay a far higher Portion of all Taxes than the poor do, Do you now want to tax all their money they have saved every year as well? 55% of it when they die is not enough?
Basically if you are one of those evil people Obama refers to, you know the ones he calls Millionaires and Billionaires when they actually only make say 800k a year? After Federal, State and Local Taxes are taken out you get to keep about 340 Thousand dollars. So you save and put it all away, and earn Capital Gains on it, which you pay 15% tax on, then you die and leave your Estate to your Kids, but First the Government takes 55% of everything they let you keep when you were alive.
lol
Yeah the rich, they don't pay their fair share.
Oh and you people need to stop bringing up Buffet to support Obama's Plan. Buffet backed off his statements and clarified that he means we should raise taxes on the SUPER rich. Those Making over 50 million dollars a year, Not people making less than that. LOL
Yet Obama and his mindless supporters still call it the buffet rule.