The President proposed generating revenue by closing some tax loopholes on those businesses that either have demonstrated their ability to make a profit WITHOUT generous tax breaks or indicated they weren't using the tax breaks available to them, i.e., purchasing private jets. And what did the GOP do? They bulked!
No one was suggesting raising the marginal tax rate on anyone until this last round of debt ceiling negotiations. And just so we're clear, the only reason the President insisted on tax revenue was because the GOP insisted on including entitlement reform in negotiations.
So, apdts, let me ask you the same question you asked of U.S. Socialist but in a slightly different way?
How would you go about raising revenue to help the private sector create more taxable revenue. You said it must be a shared sacrafic, but how can that be with the middle class can barely pay for gas, groceries, electricity...the basics in order to survive?