They are, and have been for more than 10 years now, the current tax rates. If the current tax rates are allowed to phase out on Jan. 1, we should call them what they are in actuality – proposed Obama tax increases.
To America’s “friends” on the left: These rates will increase, and not only on your hated “rich” – they will increase on everyone who pays. Are you guys cool with that? Really?
To my conservative friends: Make the words “Obama tax increase” part of your daily use when dealing with liberals, because if he’s re-elected, that’s what they will be.