25% of the top income earners in the U.S. pay 90% of the income taxes. Isn’t 90% enough??? I just can’t see why Obama wants them to pay MORE and MORE. Isn’t that enough already?
I would rather see corporate taxes go up, prop 13 repealed and the mortgage deduction go away before raising income taxes on our innovators and high achievers. At least you can choose to not own real estate. You don’t have a choice with income taxes.