Raising taxes on wealthy won't generate much revenue

This guy is an Idiot in the WhiteHouse! I am  not wealthy and even I know this won't work. Remember Illinois raised there taxes, and California haas now Raised taxes on the Rich. They will be Paying how much of their income to Government??? Its assnine! Other Cuts and Tax Reform can fix things!

Those who write letters to newspapers to support President Barack Obama's policy to raise taxes on the rich apparently haven't done their homework. Raising taxes on the rich will only generate enough revenue to run the country for seven or eight days. How dumb does the president and his followers think the general public is?
But do you think that the liberal media would challenge the president on this issue to emphasize how little he understands economics? No! Instead, the liberal media are interested only in promoting Obama's socialistic ideology. Keep the uniformed uniformed so they continue to vote for the current administration to provide them with government handouts. It is like allowing the inmates to run the asylum.
In the fall, the informed Democrats, the informed Republicans and informed independents need to vote this administration out of office so its leader can go back to his only known vocation, a street organizer.
- Jack Jaros, Whiting

http://www.nwitimes.com/news/opinion/mailbag/raising-taxes-on-wealthy-won-t-generate-much-revenue/article_90de40b5-e57b-55e5-80de-9583823540a9.html