During the lead-up to the sequestration deadline, the GOP frequently warned the public that raising taxes the wealthy would snuff out the recovery. If the wealthy had to pay more taxes, they would spend less, invest less and give less to charity. Well there is now evidence that those claims were pure bullshit.
According to a new poll, a majority of people making $500,000 or more
(those paying the higher income tax rate) said that the tax hikes have
not impacted their spending, charitable giving or investment strategies.