Welcome to the Grand Illusion

[hfojvt]

31. so they are across the board

that does not mean that Obama could not have fought for and Congress could not have passed rates like this

10% up to $8,925
15% up to $36,250
25% up to $87,850
30.5% up to $183,250
35.5% up to $398,350
39.1% up to $400,000
39.6% at $400,001+

and also mandated that dividends be treated like ordinary income, just like they were in the good old days before Bush mucked things up.

And further, that does not mean that what Obama and Democrats eventually settled for is NOT very advantageous to the rich.

Because it is, to the tune of $2.1 trillion as the analysis of CTJ shows.

$2.1 trillion in permanent tax cuts to the top 5% that all those Democrats voted for and that Obama signed and wants to spin as some sort of 'victory'.

It's a $2.1 trillion loss.

I would even say it is a $4 trillion loss, but SOME people are bound and determined to include most of the TOP 20% as part of the "middle" class.