Instead of Taxing the Rich the Federal Government should create a "saved the deficit" Monument built on Federal land. Then everyone can volunteer to do their part and donate money to reduce the deficit. Then there can be different plaques or statues dedicated for each tier of person donating depending on how much they donate. If someone donates $1 million or so, they get their own statue. It's a much better way to feed the egos of the super rich rather than tax their money away which makes them angry. I'd also bet a lot of regular middle income people would gladly donate $20 or so and feel good about themselves to help the cause.
All politicians argue about taxes which just gets people upset or angry, no one ever talks about donating which invokes feel good emotions. I think they under estimate the power of people wanting to do good.
Of course taxes are never really about the deficit anyways. It's just two sides arguing for themselves. The deficit is just an argument tactic for each side to further their cause.
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