In response to:

The Largest Tax Increase Since World War II

Jerry555 Wrote: Dec 28, 2012 7:32 PM
Summers, I heard on the radio today, about the Shadow Boss (es?) but I don't think it takes too much to realize that the USA has an underclass. The unions are very conniving, and with people like Communist David "Cement Shoes" Axelrod and Co, it is no wonder. They spent $500 Million on this last campaign, and they had over 400,000 people on the streets, a lot of them getting money and gifts. They amassed $14 Billion last year, to be honest, I did not get how long it took them to get this, but still this is a lot of money, maybe this was since the last election.
Georgia Boy Wrote: Dec 28, 2012 9:01 PM
What the hell are you yacking about?
Summers Wrote: Dec 28, 2012 7:48 PM
I live in a right-to-work state, so I don't think of unions so much unless it is a matter of the teachers' unions. Today, Michael Barone's column discussed the post-mortem of the latest election and compared it to the 2004 election. He made the usual point that Obama's winning Florida, Virginia, Ohio, Colorado and Pennsylvania made the difference. Without them, Obama would be planning his presidential library. What do these states have in common that made him appeal to them?
JRusso Wrote: Dec 28, 2012 7:56 PM
Colorado has been californicated. Don't know about the rest. Vote fraud?
JRusso Wrote: Dec 28, 2012 7:36 PM
Jerry555 Wrote: Dec 28, 2012 7:41 PM
This is how ObowMao got into office.
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...