In response to:

The Largest Tax Increase Since World War II

magnetar Wrote: Dec 28, 2012 3:12 PM
we need to declare an open season on commies
AmericanObserver Wrote: Dec 28, 2012 4:12 PM
Well, first off, genius, can you name one? Just one..... i'm waiting...
Resist, We Much!!! Wrote: Dec 28, 2012 4:37 PM
Sam Webb. It was his name on the endorsement when the CPUSA endorsed Barack Obama for POTUS.
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...