Barack Obama and his allies seem to think Americans are eager for higher taxes on the affluent. If voters generally shared the left’s weakness for soak-the-rich nostrums, Nancy Pelosi would still be speaker of the House, the Occupy movement would be riding high, and Republicans would still wince at the memory of Ronald Reagan losing the White House to Walter Mondale in a 49-state landslide. But voters, by and large, don’t yearn to see the wealthy stripped bare by the tax collector.
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