During the 1950s and ‘60s, rates were far higher for capital gains taxes and corporate taxes, and our economy boomed.
By the way, what percent of the wealthy defend our country? It is mainly the middle class and the poor who serve in the military and give their lives for our freedom. Many of these veterans voted for Obama.
It was George W. Bush that called himself a “different kind of Republican,” a “compassionate conservative.” I believe this implied that others are lacking in compassion.