Why NOT Raise Taxes?

[Warpy]

3. The problem is bouncing taxes back up on the poorest

all the way up to the middle class. The former will be out pennies but the latter will feel it and so will the economy over the long haul.

Unfortunately, I think we've gone past the place where restoring the Clinton rates will do much good. Don't forget that the plutocrats were responsible for only half the shortfall.

We'd need to return to the Clinton rates plus put a surcharge on the highest earners (and I use that word lightly) in order to remove all Stupid's red ink from the Treasury.

The only way to counter the damage to the economy that raising taxes on the 98% will do is to raise the wage floor, something that is horribly overdue and the Republican House will fight against tooth and nail.