no, the wealthy don't pay their fair share. you can't seem to get it your facts right. go read something about it, taxation and America. INCOME TAX, EQUAL REPRESENTATION Read the two words, income, then tax. Equal then representation. Paying more in tax amount does not give you more representation or say in matters. It isn't user tax. What about property taxes, and sales tax? If you pay 10,000 sales tax on a new car and I buy a cheap one and pay 1,000, do you think you have paid more than your fair share? You either are unable to get it or refuse to get it.
You failed to hear Obama says "folks like me don't need the tax cut."
It has already cost a trillion, will cost a trillion or more if left in place ten more years.
It's called a balance, more revenue, cuts where they are smart and don'tt hurt the poor and middle class. NOT Ayn Rand followers and her nutty it's all about me philosophy. Nobody is going to come take your wealth and possessions and throw you in the street like the Russian revolution, just because Obama is half Black. That's essentialy the far right's stance.
It's a freaking 5% tax cut expiration on the amount of adjusted income over 250k, not the Bolshevik Revolution.