There's a full-page ad in the New York Times today (on page A5, no less) titled "Why this fat cat likes Obama's tax plan". Signed by one Norman Lizt of La Jolla CA (PO Box 1423 - right there in the ad), it's six paragraphs of "boastful humility" (he "certainly doesn't qualify for the Forbes 400 Richest Americans, but has had "income averaging close to eight figures annually for the past seven years"

.
(It's a print ad, and I can't find a link to an electronic version, but I'm sure someone will scan or transcribe it soon enough. I'm only going to type out so much right now.)
"Assuming Barack Obama wins reelection and successfully achieves his redistributionist tax agenda (with 39+% marginal rates plus a 3.8% tax on investment income plus substantially higher dividend and capital gains rates), I will find myself, when my high California taxes are added in, at a marginal rate of taxation well over 50%. This represents the crossing of an invisible threshold to me and is entirely unacceptable."
The rest is saying how he would then shutter his private equity firm, buy short-term treasuries which currently have low interest and thus would create little income for him to tax, how his poor, poor highly-paid employees would be let go, cut his charitable giving, and basically take his marbles and go home, so there!
I say, let him! If his business is really doing so well, someone will go after that money, even if it isn't quite so lucrative as "close eight figures annually". That's still multiple millions. I'm sure someone will pursue those opportunities. That's a little thing we call
capitalism.
Unless there is more than one highly successful private equity firm in La Jolla run by a man named Norman Lizt, he's around 70 years old and has been in this business for a long time, long enough that he was in his 40s before Federal income taxes
fell to levels he now calls "redistributionist", before Bush pushed through his budget-breaking cuts.
So Go Galt, Mr. Lizt! If you're getting into a snit because it becomes a little harder to redistribute wealth into
your pockets, then by all means do so. You've gouged enough.
On edit: corrected the part regarding what "nearly eight figures" meant. Doesn't change my point in any significant way.