Is envy the only reason so many people seem happy that the wealthy will pay even more taxes under O's plan?

YES, it is.

What is so hard for people to understand? If you give someone making 40K a tax break, they get what $300 back?? What are they going to do with that exactly? Put it back into the economy? Buy something with it? What a new bike?

If you raise taxes on someone making 250K, and they now pay 10K more, they will stop putting money into the economy and buying things. If you raise taxes on small businesses they will not be able to create jobs for people!!!

80% of the tax burden is already on 5% of the population that everyone calls "rich". People making under 200K only pay like 15% of the total tax from this country!!!

No way. As an upper middle class person myself, I am ineligble for a tax cut under Senator Obama's plan. Many of my loved ones will in fact have their taxes raised, and in a few years, so may I. What's more I'm grateful for it. I cannot use that money to provide social programs, educate a generation, arm our troops, expand health care, and sponsor research that will keep the American economy competitive in the 21st century. With our MASSIVE budget deficit, there's no way the goverment can do those things without some of my money either. I'm glad to give it, and I'm glad that those being asked to give a little more are those like me who can easily afford it. This isn't just bleeding hear liberalism. These service directly benefit me, because they lead to a safer, more prosperous America. Really, I think envy, and its cousin greed, are the only reason anyone is unhappy about these reasonable and necessary tax increases- people covet a lifesyle of excess and they don't want the government interfering with the possibility that someday they too can fiddle in their palaces while Rome burns.

The wealthy in society have had their butts kissed for way too long. They were seen as the vehicle that would drive the economy forward. They would spread the wealth by spending and the rest of us would reap the rewards. If you know any wealthy people, they tend to be the biggest tightwads in the world. As a result, they stay wealthy and the rest of us have stagnating incomes.

It is not unreasonable that the wealthier of society pay a larger share of the burden. That is what Adam Smith, the father of capitalism claims and that is what Teddy Roosevelt, McCain's favorite president, instituted.

Nobody likes to pay higher taxes and maybe we wouldn't have to if the Republican presidents would stop spending us into huge defecits.

No. I'm happy because the rich don't need the tax breaks that Obama plans to let expire. Frankly, I think they need to stop their whining. They got a free ride for 8 years under Dubya. Now it's time to pay up. It's not like paying more taxes is going to make them poor, either, so they should all just stop their b*tching. Boo Hoo! Poor little richies will have to give some of their money back to society? WAAAAAA. I feel SO bad for them.

Envy as nothing to do with it.

I'm happy because requiring the rich to pay more means the middle class can pay a lot less. Rich people can afford it.

I'm tired of the old trickle down stuff of the past.

We need a trickle up economic theory where we give the tax breaks to the middle class and hope it trickles up to the rich.

Sounds a lot fairer to me.

I think it must be. They don't realize that the more you make the more you spend. I guess they couldn't understand why Ed McMahon almost lost his house to foreclosure or why MC Hammer is out of money. What they also fail to realize is that companies will not be paying out of their pockets for the Obama tax hike, they will be dipping into yours and mine to make up that lost revenue. They see people like Paris with unlimited funds and believe that "she can afford it" while not comprehending that Paris's father cannot without seriously impacting his business, so he will cut costs by reducing manpower and raise prices.. that is what businesses do, they don't say "oh we have to pay more so the CEO will get paid less".... makes me wonder about the education in this country.

That is one...another is they think that they will get some of the cash...while the O man is counting on the turnout...when elected the poor of America will find themselves tricked as he then tries to support the really poor worldwide. The change wanted now is just to get back to pre economic collapse...and it cannot happen without funding on an unreachable level.The hangover possible on wednesday could be an aneurysm.

I think it's part of it.

I think it's awful myself. I don't think that you should have to pay at a higher rate just because you happen to make more money.

Believe it or not, most wealthy people work hard for their money and know how to make it work for them.

I only hope that all my hard work will pay off like that some day.

Edit:

for all of those whining that the rich don't pay the same rate as the middle class, your right. They pay at a HIGHER rate already! Do some research. It's not hard.

"The IRS has released the FY 2000 data for individual income tax returns. The numbers illustrate a truth that will startle you: that half of Americans with the highest incomes pays 96.09% of all income tax. This nukes the liberal lie that the rich don't pay taxes. The top 1%, who earn 20.81% of all income covered under the income tax, are paying 37.42% of the federal tax bite. "

That hasn't changed!

The wealthy DO pay more than the middle class in taxes. Haven't you ever heard someone gripe about making more money and getting bumped into a higher tax bracket? I sure have. It's happened to several friends.

Edit:

What's even funnier to me at this point is even Obama admitted that in this current economic climate, certain plans would have to be scaled back.

Both Obama and McCain's current ideas would plunge our country further into debt. But no one seems to care about that.

For the thousandth time, he is not raising their taxes, he is rolling their taxes back to what they were when Bill Clinton was president. You know when the economy was good and ppl had jobs and we had a surplus instead of a huge national debt. Obama is also closing Corporate loop holes that give them even more money. if you stop watching Youtube and Fox Noise you would be better informed.

Would you really ask someone who went bankrupt because of the cost of health care, if they were voting for Obama because they were envious of the wealthy?? Give me a break.