The Democratic War Against Prosperity Marches On By Lawrence Kudlow

"Democrats in Congress and on the presidential trail are intensifying their high-tax war against prosperity and the so-called rich. Their latest salvo includes more tax penalties on successful investors and entrepreneurs, such as a proposed 4.3 percent surtax on high-income earners and a tax assault on the private-equity buyout industry.
The surtax allegedly would raise sufficient revenues to exempt middle-class folks from paying the alternative minimum tax. But the income threshold for this surtax has been alternatively suggested at $500,000, $200,000 or as low as $75,000 to $100,000, depending on the amount of new spending and earmarking envisioned by the Democratic Congress."

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