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I think it is because income/wealth/profits is valued so much in the US that there is such selfishness recoiling from Obama’s desire for universal health coverage. Also, the republican argument that the Bush tax cuts on incomes above $200,000 should be continued attests to the value. The fact that the argument is being made at all is unbelievable.  Data shows that the rich save the extra money saved from taxes, but that isn’t stopping the Republicans and some House democrats from arguing that the rich would spend the money to hire (i.e., lowering unemployment).  Incroyable, je crois.  The income taxed of small business people is on the income they take out…which would otherwise be saved or spent on themselves…not on their business.  The argument doesn’t make sense and yet it is made as if it does!  Incredibly, some democrats are beginning to buy it.  It is incredible that tax cuts are being talked about at all, given the $13 tillion US govt debt. I understand that raising tax has a contraction effect on the GNP, but how much?  The rich avoiding some additional taxes: would that really mean such a contraction?  Even if it does, the increase to the debt would tend to increase interest rates as well as the amount that the US Government will have to pay on interest. Moreover, an unsustainable public debt makes the US itself ultimately unsustainable. It seems small to worry about a slight contraction (if any) from the restoration of tax rates on those people who have the means to pay higher taxes. I suspect that the underlying reason for the argument is the hypertropic value put on wealth in the US.