The bottom percent of "taxpayers" already pay a negative income tax. This means that these people earn money from the IRS, kind of an unspoken form of welfare. Obama wants to make this group of people larger. His plan also involves ramping up tax rates pretty quickly when you start making more money, which is effectively an income cap. Make more money, get taxed a lot more, bring home the same amount. How is that anything but pure socialism? What's the incentive to do better, when you'll end up bringing home the same money as the guy working at mcdonald's, who earns $5,000 just by filing with the IRS?