We haven't even gone over the cliff yet. Don't you think that'd be a little premature?
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...
so you are saying fubarack is INTENTIONALLY driving us over the cliff? and then and only then will he CALL for tax cuts to the poor?
oops when EVERYONE will be poor and not working and canty pay taxes...........