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the government would just be taking back taxes from the upper income brackets that it should have collected previously, before wealthier individuals were given tax breaks.
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that it should have previously collected? by what standard is the word 'should' defined? if the gov't wants to reach into your pocket then it should?
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I also don't think that 250k is a disincentive. I'd gladly take the tax hit if it meant moving into the 250k yearly income bracket. The reality is that 250k is NOT within reach of a lot of Americans. About 10% of the U.S. population makes over 100k yearly, let alone 250k.
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making 250k is not a disincentive but having to pay 100k in taxes is. And where is that 100k going? Oh idk, Iraq? expensive medical treatments for people that can't afford them?