Obama Brings Back The Inheritance (Death) Tax!

[Bond]

I suppose it depends how you define "rich," but look at the future income tax increase at the bottom of the graph I posted. Those are present value increases on the $100-150K a year range. I don't consider that an unrealistically high sum to earn, especially in areas such as California and NYC.

Tax increases will always start at the "top 2%," but they inevitably end up affecting all self-reliant wage earners. It's also important to take into account hidden taxes such as inflation, carbon cap and trade, etc.