Puckstop, here's the answer as I perceive it.

The MOST wealthy of this country can afford to pay more in taxes and still live their wonderful lifestyles. That money will be used to fund Obama's plans, etc. etc.

The less wealthy, which probably includes 95-98% of us, won't get an increase in taxes.

The money has to come from somewhere. Taxes DO need to be taken and, realistically, raised. We've got a huge deficit. We need the money. The money needs to be taken from somewhere. Take it from those who can afford to pay it - the very very rich and the big corporations. Invest that. So, yes, there will be an even bigger deficit for the time being. But there's the catch - you invest it. You should get it back and more.