Here is the problem that most people don't understand. Companies and the super wealthy are not out reinvesting tax savings back in their business or buying new toys to stimulate production. That is a myth perpetrated for the last 30 plus years by the reagan worshippers and has long been debunked. They are taking the cost savings and hoarding it or investing in exotic financial instruments, or hiding it overseas such as Romney. Money in the hands of the middle class is constantly being cycled throughout the economy. They aren't saving much, and they certainly are not sending it overseas. The impact of ten percent taxes from someone grossing only 30k a year is huge. A thirty percent or forty percent tax on someone making millions or tens of millions is not going to hurt their lifestyle. This is not meant as a punishment to the rich, it simply is ensuring that bills are going to get paid. The super rich reaped the most rewards from the infrastructure in place in this country and should pay the greater share, ie they got a Filet Mignon and Lobster with a bottle of Cristal. Those on the lower end of the spectrum did not reap the same rewards, instead they got McDonald's or some cases Red Robin. They should not have to pay near as much into the system.