Letting the Bush era tax cuts expire

[SHRED]

This is what the Republicans are screaming about?

What a bunch of whiners.
And where is the coverage of this? You'd think these tax hikes were the end of the world listening to the TV and radio.

A 3-3.5% increase in the top two tax rates and long term capital gains going from 15 to 20%:
http://taxes.about.com/od/Federal-Income-Taxes/qt/Tax-Rates-For-The-2012-Tax-Year.htm

That is nothing. We need to double these rates on earnings past $250K to give the "job creators" an incentive to reinvest (shelter) back into America and jump start this economy instead of the current low rates which only encourage wealth hording.


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