President Obama is still obsessed with taxing the rich. It has been established that increasing the upper two percent of the rich will only fund the United States for six days, so why the importance of this step? This is part of his downgrading of our country. The rich are rich because they are able to move their money around. The President knows taxing the rich will not help the poor, because the wealthy will only find another place to put their liquid assets, and will not expand the businesses they have now, which means not only will they not hire, but they will lay off.
This is his continuance of class warfare on the American people, which will lead to socialism, which is his agenda.