"Tuesday, the President meets with Republican and Democratic congressional leaders to begin working out a compromise for extending the Bush tax cuts. Both parties say they want to preserve the tax cuts for lower- and middle-income families. But this would cost $3 trillion over the next decade. Republicans also want to extend them permanently for the top 2 percent of earners, for an added $700 billion. The top don’t need the cuts, don’t deserve them, and won’t spend the windfall (and thereby stimulate the economy)."
Ah yes, rich people just plain old don't deserve to keep their money. They might do something with it that the progressives wouldn't approve.
It's a strange argument to make; the $3 trillion "tax cut" is OK, while it's the $700 billion "cut" that blows out the budget.