In response to:

The Largest Tax Increase Since World War II

JRusso Wrote: Dec 28, 2012 7:04 PM
Harry writes: Yes. And we can always revisit exemptions on religion, too. If you take all their earnings, Harry, there'll be no tithing. No need to go after churches in that case. No blood in a turnip. So if we take all their earnings, how do they pay bills? If they can no longer purchase goods and services, what happens to the people whose pay is derived from providing goods and services?
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...