The argument is that millionaires should be at least taxed at the same rate as the rest of us. The conservative position I keep hearing is that if this happened it would kill job creation and discourage investment which is utter non sense. Theres no link. Taxes have been lower in the last decade than they have been for the previous 4 decades and in that period of time jobs have gone overseas in record numbers. Conservative like to point to the golden years like the 50s where taxes were much higher and unions were at or near the height of power. Then theres the Reagan years where conservatives forget that good ol Ronnie raised taxes.