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Obama's jobs Plan/speech:How it compares with facts
Logically and in concert with past behavior or the rich, upping the tax on those making $5M or more would produce very little "revenue" since there a may loopholes and dodges they can use.

However, it could be a useful bargaining chip and blunt some of the rhetoric of the left, at least in the minds of the unwashed uneducated "moderates" who support the idea. The deal would have to gain a real and useful concession from the left. Perhaps it would undercut some of the rhetoric from BHO.

Jefferson: I place economy among the first and important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our choice between economy and liberty, or profusion and servitude. If we can prevent the government from wasting the labors of the people under the pretense of caring for them, they will be happy.

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