income to the feds. those making below $400,000 a year will pay a variety of new obama care taxes and see a 2 percentage point rise in their social security payment. everybody gets hit. if you invest, you will be paying about 9 percentage points more in capital gains and tax. if you die and your estate is worth more than 5 million bucks you will pay 40% of death tax to the feds. president obama is not finished. he wants more from the affluent. >> we can't simply cut our way to prosperity. cutting spending has to go hand in hand with further reforms to our tax code. so that the wealthest corporations and individuals can't take advantage of loopholes and deductions that aren't available to most americans. >> bill: ewe, no question now. no question that the american people have voted for a president who wants to redistribute income. he is not going to stop.