Yes. And let's be honest. When the left advocates soaking the rich, they don't mean the 1% - they mean the 10%. That's where the REAL money is.
Decimals are confusing in liberal math.
Actually they want to soak all of us, but they won't admit it.
They figure when we allow them to raise taxes on those who make more than $250k it doesn't take much more than a whip of the pen to drop the increase lower and lower according to the needs of the government.
Btw, don't you dare mention that spending caused the problem in the first place.