In response to:

The Largest Tax Increase Since World War II

Hardrock Lausanne Wrote: Dec 28, 2012 2:15 PM
We're totally jacked. The next few years are going to be a mess due to those wars.
FranksNBeans Wrote: Dec 28, 2012 2:22 PM
Why don't you elaborate Hardrock? Or is this just another lib talking point you are parroting of which you have no idea what you are saying?
DSMike Wrote: Dec 28, 2012 2:19 PM
Due to social engineering by Congress critters...Kool Aid is not a food source.
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...