In response to:

The Largest Tax Increase Since World War II

jay_p Wrote: Dec 28, 2012 2:47 PM
I think Wal-Mart is having a sale on tin-foil this weekend. You might want to stock up.
Duke Nuk'em Wrote: Dec 28, 2012 2:50 PM
EPA banned libs from buying tin foil as it is a hazard to libs.
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...