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Well, if you're a history teacher...

...you know how successful "soaking the rich" has been in the past. Every time they try it, the government's revenues drop. Unless Obama plans a massive, across the board tax increase (as Clinton did) that targets more than "the rich" tax revenue will actually decline. Look at the IRS figures for 2006. The rich are paying a higher percentage of taxes than ever before in the history of America. When Bush cut taxes "for all his rich oil buddies," we saw a predictable event unfold. More money to invest resulting in massive increases in capital gains, which, even taxed at the lower rate, brought more money into the treasury. BTW, if you have a master's degree and don't gross $42k, I highly recommend becoming a FORMER teacher and joining the corporate zombies.

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