BECAUSE the rich STILL GET a tax cut on their first $250,000, just like everybody else! In fact, they get more of a tax cut than those making under $240,000, who get more of a tax cut than those making $230,000, etc etc.
And STOP calling them Bush tax Cuts, or even Bush era tax cuts. Let them expire, rename them Obama Middle Class Tax Cuts and Fairness Bill, and pay for them by charging the same tax rates on capital gains as for EARNED income. Let the GOP oppose them.
That's it.