In response to:

The Largest Tax Increase Since World War II

dweimaraner Wrote: Dec 28, 2012 5:39 PM
ever sat in traffic at the MMMBT and the HRBT tunnel when a single car stalls? it could take hours to move just a mile. meanwhile, shipments of parts for aircraft carriers and subs are being slowed down b/c of inadequate in roads. BTW. we live in Hampton roads home to the only place that manufactures nuke A/C carriers.
Fully going over the fiscal cliff would be the largest tax increase since World War II, according to the Tax Foundation and will result in the highest top tax rates in decades. They've composed a chart tracking marginal rates since 1954. Take a look at the end, and the size of the jump projected in tax rates:

Keep in mind that as rates have come down, average tax revenue has stayed roughly the same. Reforms to the U.S. tax code have given us one of the most - if not the single most - progressive...