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View Diary: President Obama calls on Congress to protect tax cuts for the middle class (70 comments)

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  •  precisely (0+ / 0-)

    this is a silly game of allowing only the top tax rates to go up. everyone needs to pull their weight and I support all brackets going up. allowing only the top bracket to go up solves nothing -- it's just political posturing by pols unwilling to do what it takes to fix the budget.

    •  Jeffrey Sachs says the same thing... (1+ / 0-)
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      Actually, letting ALL of the BTCs expire barely gets us to the amount of revenue needed to maintain discretionary spending at an adequate level.  'Tis true, there's a LOT of $$$ in the top bracket, but that doesn't mean that the rest of us get off scott-free.  I, for one, LIKE the EPA, national parks, NASA, the NIH, federal courts, etc, etc, and I wouldn't mind paying a bit more in taxes to keep them running.  

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