RAE
Thinks s/he gets paid by the post
Guys (and gals), let's not forget - all Obama is doing here is allowing the Bush tax cuts of 2001 and 2003 to expire, for those workers earning over $250,000 joint income ($200,000 individual). He was very clear during the campaign that he intended to do this if elected, and he is now simply following through. Apparently enough people (me included) thought it was a good idea, because he got elected. You can complain/speculate all you want about how this is going to destroy the entrepreneurial spirit in America, but I don't recall the years prior to 2001 being noticeably lacking in entrepreneurial spirit. Let's face it - the Bush tax cuts did not work. Trickle-down economics has been tried, and it has failed miserably. I support Obama's decision.