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Re: Boehner walks away, gives up on debt negotiations with Obama

Posted by LuchAAA on Fri Jul 22 20:07:01 2011, in response to Re: Boehner walks away, gives up on debt negotiations with Obama, posted by ClearAspect on Fri Jul 22 19:57:15 2011.

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Keep in mind, when we talk about raising federal taxes on the rich, fed bracket of 35% going up to 39.5% plus local cities and states talking about another 3-5% increase and where're talking about an additional 8-10% on top of what the top bracket is already paying.

That's close to 45% effective for the top earners. That's why Republicans fight increases.

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