President Obama has already signed a law raising taxes on top earners by $210 billion. [View all]
Little known fact, I know. But the healthcare reform bill included a tax increase on the top bracket of wage earners from 35% to 39.6%. It also imposes Medicare taxes on individuals making over $200k or families making over $250k, and capital gains taxes to 20% from 15%. Those two moves alone raise taxes on top earners by $210 billion dollars. And that's over 6 years, not over 10 years the way the CBO usually calculates it's numbers.