Here is just a perfect example of the dishonesty of the Messiah in his campaign speech and yet another fact that proves he is not serious and is just using class envy to gather up votes in 2012. If you taxed 100% of the income of every American that makes over $100,000 per year it would be less than the one year deficit under Obama. Think about that Hound, take every penny they earn and it still doesn't cover one year of Obama's deficit!
But we all know what the rich do when tax laws change, they change their behavior. That behavior is driven by two goals: 1) reduce the amount of taxes they ultimately have to pay; and 2) reduce their level of spending and investment in order to be able to pay whatever additional taxes they are unable to avoid. Either way its a bad idea. Either the revenues to the treasury don't meet expectations or the economy suffers or as is most likely the case based on a review of the historical record we get both outcomes. Don't fall for the class envy nonsense as it is just that, nonsense.