To start with, I think the stimulus package and the tax hike are excessive. It looks like they’re tying to solve the economic problems in one term.

We are putting our economy in the hands of people who have no idea how economics works.

I think all we are doing is throwing money at a problem. The federal gov is still not in the business of planning the goods and services that will be produced, and who will produce them.

The dollars spent by the states on rebuilding infrastructure will be spent over and over again. It’s a ripple effect. (See Spending Multiplier) And if anybody’s learned anything from this mess they will spend less than they earn and bank deposits will grow. The banks can then loan 90% of their deposits- over and over again. (See Money Multiplier)

The income floor for the top ten percent that pays three-quarters of the income taxes is about $108,000.

Per Obama’s tax plan (as it stands now) People earning up to 250,000 will not see an income tax increase. Income taxes for business owners are levied on net income, not gross, so the 250,000 figure is the money that’s put in their pocket to begin with.
The upper two tax brackets will increase from 33% to %42 and %35 to %45: if you factor in lifting the cap on Social Security taxes and the increase in the capitol gains tax.

Growing up I got the lecture about the "Haves and the HaveNots". It's a conservative parable. The HaveNots want to take away what the Haves have and put it in their own pockets. Unfortunately the person enlightening me didn't realize he was a HaveNot because he couldn't see through his own ideology.

For the conservative, the Union mantra that “without workers there would be no corporations” is a fallacy. But in reality it is a valid point. Granted the risk-taking, ambitious, intelligent and educated entrepreneurs and highly trained professionals should be rewarded handsomely by the system for producing a valued product. But the same system needs to fairly compensate the labor force. There a 16million union workers and 134million without union representation. Non-union workers lack negotiating power and are usually paid the going market wage which is determined by the employers who seek to pay only enough to keep the employee from quitting. It may be good for businesses but for the worker it can mean a less-than-satisfying life.

Is the egalitarian right? No, not for capitalism but he does try to combat one of the shortfalls of a Capitalist system: valuing some lives more than others.