We knew that Taxes were going to go up...the question was by how much.
The top 1% if income earners could be almost anybody in a given year. You create the new “pet rock” and it has a finite lifetime in terms of novelty and marketability.
You have two choices.
1)Take your product and run it out and hope that you generate enough cash to not have to work again.
2) Take your product and generate enough cash to finance another endeavor, to finance the next, to finance the next to where you have a real going concern i.e. Ron Popiel and Ronco.
With the current regime the Ronco thing is off the table.
Bingo. The sad thing is, many big politically connected companies (ex. GE, GM) like the idea of killing off any future competitors just fine. They like fascism, as long as they are the favored few.
A permanent corrupt oligarchy is rising. You have a political class writing laws to kill off competition and handing out pork to the favored few corporations. The favored corporations kick back campaign contributions to the politicians. Everything is just fine... until the country rots out from within and collapses.