Lol, you are the one who said raising taxes will be a big boost to the economy. You are delusional. I haven't pushed anything.
Newsflash, increasing taxes on "the rich" -- even if done to extreme levels -- wouldn't amount to even a fraction of the money needed to pay for our government spending. Not even close, even if you taxed the income of "the rich" at 90%. More delusional thinking. It's just a red herring talking point for the lefties to get their gullible followers frothing at the mouth for class warfare, but it has no bearing on reality.
Where did the $5M threshold come from? Why not $1 million? Why not $250k? Is it just "whatever level is sufficiently more than I make so I can demand it be taken away from others?".
Someone apparently doesn't understand the difference between wealth and income.
You do realize that "the poor people" in fact aren't "taxed to the point they are living paycheck to paycheck", the poor generally don't pay income tax at all, and many even get credits back (ie, negative tax rates)?