President Obama’s Economically Destructive Tax-Hike Plan....

All this is is the "Left's" belief that once taxes are raised - everyone will pay at the "projected" rate - which, of course won't happen due to high money earner's doing whatever it is they have to do to protect what's theirs and less jobs and hours worked.....they haven't a clue.

This is entirely about divide and conquer - class warfare at it's worst. Envy and fear instead of leadership and hope....what a wonderful world....

Not only that, but the tax hike wouldn’t achieve its intended effect of increasing revenue by $160 billion per year. Instead, it would generate only about $68 billion per year.” This is due, the report notes, “to a smaller tax base commensurate with the smaller economy. For example, fewer hours worked and lower real wages result in less federal income and payroll tax receipts.”