In response to:

The Largest Tax Increase Since World War II

jay_p Wrote: Dec 28, 2012 2:54 PM
We haven't even gone over the cliff yet. Don't you think that'd be a little premature?
Duke Nuk'em Wrote: Dec 28, 2012 3:03 PM
We've already gone over it to the tune of $5 trillion since your mullah zero-bama occupied the White House!
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...