Sorry in advance, this got long
I am so sick of hearing "billionaire" when they talk about the "rich". That isn't who will pay for their shit, it's people earning over $200k a year (or $250 if they are married) and the people who actually pay the majority of taxes The true multi millionaires and billionaires don't really care if taxes are raised, they have tax shelters and overseas accounts to hide their money.
Bruce Springsteen uses a tax loophole so he doesn't have to pay much in the way of property tax (he has an organic lawn guy). Jon Bon Jovi raises honeybees to avoid taxes. GE, obama's favorite company paid ZERO taxes. The true rich have enough money to do this kind of crap. There are so many high profile RiCH democrats that have avoided paying taxes that it would be laughable if it weren't so maddening. As you make more money you get some of your deductions and tax breaks taken away. Those deductions are chicken feed to the ultra rich, to those making $200k it makes a difference. Take away the loopholes and have EVERYONE who earns money pay a flat tax. 50% (i may be off by a % or two) of Americans don't pay any fed income tax, they have no "skin" in the game. I am surprised that our side gets as many votes as it does considering that fact.
My husband got a bonus this year. The total taxes taken out was over 40% (including over 10% for the sh*t hole state CA). They didn't take any out for 401k, insurance etc. It was all tax. I will state right here that my husband is one of the "rich" who makes over $250k a year. He is 45 years old, has worked since he was 14 (a bus boy). Paid for his own college (all 6 years of it), managed to pay my doctor bills when I had a stroke and no insurance back in 1995, has never taken one cent of unemployment (but has been laid off before....he got three jobs (two part time and one full time) until he got a job in his field. We had to move from Phoenix to Lake Havasu City for him to get that job (boat designer). When he got the job in Dallas we moved again, then when the company was closing down the office in Dallas we had to move to CA or he wouldn't have a job, in a better economy he could have taken his severance and taken his time finding another job but he didn't have that luxury in this economy.
He has been with the same company since March 1994, moving up from industrial designer to design director to VP of Design. HE did it, it wasn't luck, he wasn't born with a silver spoon in his mouth, he has never been handed anything...he has worked for everything he has gotten in life. He works his ass off, takes care of his family, is kind and considerate, takes care of his guys at work when they have an issue to the point that they come to him if they have a personal problem not even related to work. He is the best person I have ever met in my life.
There are other things he would rather do in life as far as work goes but he has a family to take care of. Responsibilities that he takes seriously, our son is in college and our older daughter will be graduating next year and off to college as well. This is the majority of people that they call "rich". Either small business owners who have risked everything they had to start a business or someone like my husband who has worked for every single thing he has. We were poor for more years than we have been "rich". We put away money to prevent being poor again as he could lose his job just as millions of others have, be it a good economy or bad.
I feel like liberals are children who don't think twice about what it cost or that there is not an infinite amount of money. Like when I was a kid, I wanted a big wheel. My mom was divorced and working a low paying job. She told me that she didn't have the money. I said, "but you still have checks in your checkbook".
At some point you run out of other peoples money DUmmies.
