Tax the Rich, A Little

I would favor the approach of ending the Bush tax-cuts for people making over $1 million a year. Most wealthy small-business owners make between 250K and 1M. People making over 1M a year can afford to pay a little more tax. That is also not going to seriously de-stimulate the economy.

And here's a good clause: Allow a person making over 1M a year to STILL get a tax cut, but ONLY on the money that they re-invest in an AMERICAN business that is demonstrably creating new AMERICAN jobs.

The fact is, the Bush tax cuts for billionaires have really been JOB KILLERS. Because where do BILLIONAIRES invest their money? Surely NOT in America. The returns are too low. People like Bill Gates and other big-money people do most of their investing in cheap labor land.