Do you or any of your leftist buddies have any idea how taxes on a sole proprietorship works? If you did, you'd understand why $250,000 a year isn't rich, and why raising their taxes will affect 72% of all businesses in the U.S. http://www.census.gov/compendia/statab/2010/tables/10s0728.pdf Yet Magekillr never assumed all $250k earners were small business owners. Now, be careful here Sees. Small businesses do not need tax increases, but don't get small business confused with multi-million dollar corporations. They're the ones who really need to be regulated, since, taxing them higher would only [bleep] over the low-wage employees purposely. MOST people in that category ARE small business owners. I start my own business by making and selling widgets. I value widgets at $5,000 each, and in a year I make 50 widgets. If I sell none of those 50 widgets and they sit in my warehouse at the end of the year, I'm still taxed at the $250,000 per year rate because my inventory value changed by that much, even if I don't have a dollar to my name.