Sounds good in theory but the rich already pay the majority of the bills. The other problem is, it's not just the rich.

The poor and middle class are going to get hit hard and I mean really hard with new taxes and regulations.

When he let's the Bush tax cut expire every one of us including me (not rich) is going to get hit.

Obama's cap and trade? Economists say it could add $3000 a year to the average persons total energy bills. That's each and every one of us including the poor and that's only the beginning.

All these trillions of dollars being printed are going to come from somewhere and it isn't going to all come from the "rich."

Add in health care and a zillion other new programs and where do you think all the money is going to come from?

Punish the producers, reward non producers. That's Obama's red white and blue.