In response to:

The Largest Tax Increase Since World War II

Resist, We Much!!! Wrote: Dec 28, 2012 4:06 PM
"The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." -Thomas Jefferson Debt on 01.20.01: $5,727,776,738,304.64 Debt on 01.19.09: $10,628,881,485,510.23 An increase of: $4,901,104,747,205.59 Debt 12.26.12: $16,337,860,200,635.06 Debt 01.20.09: $10,626,877,048,913.08 An increase of: $5,710,983,151,721.98
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...