Massive tax hikes on the Horizon....

"Congressional Democrats plan massive tax increases and crippling defense cuts after November. Why not now? Because the voters would realize the Obama presidency has set the stage for fiscal catastrophe. 'The way to deal with sequestration is put revenues on the table.' That is third-ranking Senate Democrat Charles Schumer of New York's coded way of telling congressional Republicans that if you want to prevent the budgetary devastation of the U.S. military, you'll have to break your promises to voters and agree to major tax hikes.