Obama is in a position to demand - and get - tax rate increases on the wealthy.

[bluestate10]

11. Even though democrats have the advantage, if this goes on for several months, democrats

lose that advantage. Voters are clear that they want a solution. Except for Romney and republican red state voters (not the good ones that voted for Obama and democrats), who want a government of hate. One democratic Senator elect is proposing raising the lower amount to $500,000. My guess is that the President prefers $250,000, likely for what I think is a personal reason. A $250,000 lower amount tax group would insure that the President and First Lady are covered by the increased tax. If the lower amount is $500,000, the First Family may not be covered by the tax increase. I prefer the $500,000 amount, with the First Family getting an exemption to pay the higher rate, there are ways of doing that.