In response to:

The Largest Tax Increase Since World War II

Hardrock Lausanne Wrote: Dec 28, 2012 1:33 PM
Unless I read incorrectly, Obama raised it to 400k. Consider me a student of Star Trek where Spock asserts that "the needs of the many outweigh the needs of the few."
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...