In response to:

The Largest Tax Increase Since World War II

mlew Wrote: Dec 28, 2012 5:32 PM
And of course Rush is unerringly accurate and objective. The only reason that republicans (and I am a conservative and have been for 40 years as an adult) dont care about taking us over the cliff is that they are p.o.ed at losing and what the U.S. to flame out. That, to me, is a form of anti Americanism and a move toward anarchism. You may call me names and suggest that I am a RINO or something but the reality is that there are millions of conservative men and women in this country that have an interest in seeing it suceed even under the current president. But the ultra right would rather see some form of Gotterdammerung than actually see this country suceed under a Dem.
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...