In response to:

Fiscal Cliff Notes

janet365 Wrote: Dec 04, 2012 8:46 AM
Right and that is an unjust tax in the first place. I think what did I work so hard for? Did I try to save for the party to tax it away. It has already been taxed and now this is just one more tax to take it (what ever I have saved) away for the government to spend - on things that really do not matter. I hate the idea of financing our enemies for a big one.

Amid all the political and media hoopla about the "fiscal cliff" crisis, there are a few facts that are worth noting.

First of all, despite all the melodrama about raising taxes on "the rich," even if that is done it will scarcely make a dent in the government's financial problems. Raising the tax rates on everybody in the top two percent will not get enough additional tax revenue to run the government for ten days.

And what will the government do to pay for the other 355 days in the year?

All the political angst and moral melodrama about getting "the rich" to pay...