In response to:

The Largest Tax Increase Since World War II

Hardrock Lausanne Wrote: Dec 28, 2012 1:37 PM
How do you figure that returning tax rates to prior, higher, more productive rates is racially motivated? Were the rates between 1930 and 2000 racially motivated? How do you draw than line?
DevinDenver Wrote: Dec 28, 2012 1:43 PM
"More Productive Rates"? If that is your argument, then I assume you are suggesting that rates go up for EVERYONE? Recall that the Bush tax cuts were for everyone, so if you wan the "prior, more productive rates", then you want us to go over the cliff, right?
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...