In response to:

The Largest Tax Increase Since World War II

InAmericaSince1627 Wrote: Dec 28, 2012 4:03 PM
Grow up? AO I though Bush 2 did a terrible thing with the first bailouts if that makesy ou feel any better. Read my answer to you post below. Somebody needs to resist President Massive Debt and resist HARD.
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...