The rate increase would apply to those making OVER $1 million a year. Wondering what your theory is on how raising the rates on those making over a million a year will affect the average retiree? China is growing fast because it remains an underdeveloped economy, hundreds of millions living in relative poverty, tons of room to grow by just lifting them up. Investors want in to U.S. equities because we have a legitimate form of government and a legitimate, strong currency. As a dictatorship with no reliable legal system or currency China is and will remain a considerable gamble.