Taxing the rich is just another straw man that Obama uses to shift blame from his policies. If people do the Math, taxing the wealthy doesn't not generate revenue to make a dent. It is just the Democrats' deception to subtly hint that Republicans and corporations and the rich guys are to blame.
GOP is going to be played again as they are about to renege on their pledge and raise taxes. But instead of lowering the deficit, Obama and his Democrats will take these new tax revenues to enlarge the government further by adding useless bureaucracies and regulators. So, the GOP base will be incensed and lose trust and the Democrats will be ROFL as they fatten their base with yet another pseudo welfare activity.
http://www.rasmussenreports.com/public_content/politics/general_politics/november_2012/48_think_new_tax_money_will_go_to_new_programs_not_deficit_reduction
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