1. The Dems could've raised taxes on the rich back in '09. Didn't cuz they didn't have the balls to do it. Probably too many of THEIR wealthy donors told 'em not to.
2. Clinton and Obama are both on record as saying that raising taxes in a recession is a bad idea. Well here we are, maybe it ain't an offical recession, but it's damn close. Too close for a lot of people.
3. You realize what's going to happen to the cap gains and dividends tax rate come Jan 1? That's where most of the income comes from for those SOB 1%ers. If those tax rates are not extended, this economy will be in for a major shitstorm.
4. Do you also realize what happens when you raise tax rates? The rich people sellout, pack up, and move out to other climes where they can make a better return on their investments. Or maybe they stay home but their money leaves, or goes into the various tax havens that our fucked up tax code has. One way or another, you ain't going to get the extra revenue you thought you were going to get.
5. Obama doesn't care whether we get the extra revenue or not, he just wants the "fairness". So, are you okay with raising taxes for fairness even if it means the possibility of less economic growth? Love to see an answer for this one, doubt I'll get one.
6. You do realize, that the tax hikes being discussed are not going to come close to solving our debt/deficit problem, right? The entitlement programs we have will still be insolvent, and the amount of interest we'll have to pay on the debt will continue to go up. And eventually those low interest rates will begin to climb; it ain't going to be a couple hundred billion, it's going to exceed a trillion dollars. Are you good with laying that kind of burden on future taxpayers, your kids and grandkids?
Yeah sure, I guess things will be more fair. We'll all be fucked, but by God it'll be fair.