Report: White House Considers Smaller Fiscal Cliff Deal

[hfojvt]

43. I wish that graph would include the baseline of "going over the clifff"

because that would show probably $4 trillion in tax increases.

And to me going from $4 trillion to $1.55 trillion is NOT a tax increase, it is a tax CUT of some $3 trillion.

And the top 20% get about $1.6 trillion of that $3 trillion total tax CUT. ($160 billion a year for ten years or more as their income contiinues to grow faster than the median income)

And yet a $1.6 trillion tax cut for the rich, is being sold as a tax increase.