If raising taxes on the "wealthy" is so good, why not put the top tax rate at 90%? Incidentally, Rubin was and is - a democrat. He's done a hell of a job for the Citigroup shareholders too (he's still a director). Liberals hate facts. One of the facts that has always confounded them is the fact that the IRS and Treasury have both reported that Federal tax receipts actually INCREASE when you lower rates - happens consistently whenever it is done - look it up for yourself. People in the top tax brackets pay between 85-90% of all Federal taxes. Sorry, it's true. (Of course, it was probably just Bush's "evil oil buddies" who put those numbers together - so they're obviously false). The key is SPENDING - that needs to come down as well. Let's use some logic and common sense: you can't generalize and say that everyone who makes $300,000+ year has all this money left over every month and can afford to have more money taken from them. There are people and businesses that on the surface make a ton of money, but their expenditures are such that there is not a lot left every month. (I've been there). By the way, most lower income people aren't sitting around worrying about taking money from the "rich" anyway - how will that make their lives better? Are some of you guys expecting Hillary or Obama to send you a $40,000 check every year to help out? Whatever you're expecting them to give you - trust me, it won't happen. Go out in the real world and create your own destiny and quit worrying about the "rich."