Coming soon to America folks! The slow and steady Europeanization of America. Courtesy: Obama and the Democrats. (And that's just the UK, I wonder what continental Europe is like)
And the highest tax bracket is going up to ~40% and the estate tax to 55%. Can you even comprehend that -- You work your whole life motivated to make your posterity's life better than yours, and the the government takes more than half of the pie!
It would not be so outrageous if they spent it on new weapons or buying more F22s or something like that. But NOOO, that will essentially be used as a wealth transfer from the hard working to the laziest in society.