Again quad's correct. Unless you know someone with several 10+ million dollar homes you don't know any of the rich who need to be taxed more. "... A surge in wealth from technology stock sales and initial public offerings is spilling into the Silicon Valley real estate market as newly rich workers bid up home values in suburban cities south of San Francisco. The median price of single-family houses sold in Palo Alto, home of Facebook Inc., climbed 20 percent in May from a year earlier to $1.63 million ..." from: http://noir.bloomberg.com/apps/news?pid=20601109&sid=aE723mrDeCHE&pos=10 As there are few below a million dollars, the average is pulled up by the much higher priced homes, so is probably at least 5 million dollars. And BTW many of the most wealthy are too experienced to be investing in job creation in the stagnate USA. - They are building factories in China, etc where labor is much cheaper, profit margins higher, and now many well educated and skilled workers instead of invest in the USA OR are at least arranging to move part of their US factories production there. GWB's tax relief for the very rich is still acting to export US jobs instead of being collected to reduce the US's growing debt. I.e. that tax reduction was EXACTLY the wrong thing to do. Made the recession worse, cost US jobs, increased US debt (directly and by lower taxes on lost and lower salaries as average wages fell.) etc. Ergo, doing the opposite or at least reversing it is EXACTLY the right thing to do (for the US but not for China).