[kork13]

my greater concern with Obama's tax policy ideas is the raising of business taxes. It's absurd to expect that the cost that those additional taxes incur upon business owners will not "trickle down" to the customers of those businesses. Those tax increases are, in effect, an increased tax burden upon ALL classes--not just the rich corporate CEOs, as is more the case with the $250k+ issue... It hits the lower class, the middle class, and the upper class. One could even argue that it impacts the lower classes more, because the price increases for goods/services would represent a more significant proportion of a poor family's income than a rich family's income, since the prices are fixed--your income doesn't matter in pricing for most goods/services. Finally, on the business taxes, a significant portion of business owners are the DEFINITION of the middle class. Yes, CEOs of big companies aren't middle class by any means, but local, home-grown business ventures are often what propels a lower-middle class family into the middle- or upper-middle class realm. Higher business taxes will hit those families hard.

One note on the $250k/yr issue.... Is that generally accepted by everyone as the definition of "rich" in our country? I've tried to define "rich" myself, but I really can't, and would be interested in everyone's opinions.