Here is an article I read in CFO Magazine discussing the economics of taxing the wealthy (who is considered wealthy now anyway – this article doesn’t really have a cutoff so maybe $250,000 a year according to the President; I don’t know.)
Here is the link:
http://www3.cfo.com/article/2011/9/tax_tax-reform-and-the-wealthy
It seems silly to increase the tax on people who create a lot of the jobs and can just move if they need to to reduce their tax burden, but I am not a smart politian (or a dumb one either.)