[andy58-in-nh]

He's not punishing "the rich". He's punishing high income earners. It's not the same thing. Obama's wealthy donors and benefactors often have little or no earned income to tax. Their money is inherited and transferred through life insurance trusts, tax-free municipal bonds, real estate investment trusts, "charitable" foundations, and the like.

Capitalist entrepreneurs and producers are his target - so that government can eliminate its competitors as the font of all "investment".

[goldstategop]

The very rich pursue tax avoidance strategies.

That’s why they can vote liberal and Obama’s threats don’t faze them.

At the end of the day, even with all these promised “higher” taxes they’ll pay little to nothing.

They can be Democrats and someone else can pick up the costs of their support for the Left.

The poorest and richest people in the country have a good deal more in common than people think.

[trebb]

He's not punishing "the rich". He's punishing high income earners. It's not the same thing. Obama's wealthy donors and benefactors often have little or no earned income to tax. Their money is inherited and transferred through life insurance trusts, tax-free municipal bonds, real estate investment trusts, "charitable" foundations, and the like. Capitalist entrepreneurs and producers are his target - so that government can eliminate its competitors as the font of all "investment".

The way I see it, he's punishing the middle class and thereby punishing the People - has to beat us into the dirt so we don't have the energy to resist...