The median per capita income in the US was $41,560 in 2011. In 2006 it was $37,725.
The proposed tax increases are to be on those earning over six times the median US per capita income.
The 2012 individual poverty level is $11,170.
The proposed tax increases are to be on those earning over twenty-two times the US per capita poverty level.
Somehow I don't see confiscatory tax rates anywhere in those facts.
Anyone so limited that they can only spell a word one way is severely handicapped!