You've been paying taxes all your life, and that, in essence, is not socialism. Its called Progressive taxation. Many states in the US have their state income t

You've been paying taxes all your life, and that, in essence, is not socialism. Its called Progressive taxation. Many states in the US have their state income tax set up this way (the more you make, they more they take. In state that do not tax that way, they often tax you based off property ownership.) and they are not socialist. I'm also not concerned what it will do for innovation (whatever that means) because historically the economy and stock market do better under Democrats than under Republicans. George W. Bush has yet to create one single net job, and he has a mere 75 days to do.