In response to:

The Largest Tax Increase Since World War II

mlew Wrote: Dec 28, 2012 5:47 PM
Why kid around with all of this "impreachment" stuff or imply that we should arrest him. Why dont you guys just admitt that you are annoyed at losing the election and would like to see an armed revolution followed up by a "dictatorship of the masses", the masses in this case being the tea party. Or as the political philosopyer, Ortega y Gasset once wrote in his book, the "Revolt of the Masses", . . .the masses are revolting. Long live Queen Bachman and Prince DeMint
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...