It's hard to keep the rich down—at least that's the takeaway from Tiffany's strong earnings report, according to CNBC's Jim Cramer.
"If you're Obama ... you're probably saying we didn't raise taxes high enough," Cramer said Tuesday on "Squawk on the Street." "They're still spending. When are we going to crush the rich people? But in reality you can't because, man, they spend like mad."
(Read more: Tiffany's outshines other jewelers in 3Q)