Isn't it odd. If one could raise the targeted revenue increase by closing loopholes and eliminating unneeded deductions why wouldn't one do that first before raising tax rates on anyone? It seems like the administration has a vendetta against educated working professional couples. And where does the administration get the idea that $250K per year is rich? That's merely a professional wage for many couples in large cities. These couples don't have millions in assets or Swiss bank accounts and if they lose a job their mortgage is at risk just like everyone else. Quite frankly this attack on working professionals is mean-spirited and unproductive. Targeting working class professionals merely gives politicians a free pass to continue their out-of-control spending.