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Subject:  Re: The Fiscal Cliff-Solving the wrong problem Date:  11/14/2012  4:41 PM
Author:  jgc123 Number:  408513 of 461222

My post clearly was talking about an increase in the marginal rate.

If you actually read what I wrote (the part that you did not highlight that precedes what you highlighted)...

... "a 5% increase in only those dollars which we earn above $250,000"....

A 5% increase in "only those dollars which we earn above $250,000" would mean an increase in our taxes in the amount of zero if we earn exactly $250,000.

Your response apparently covers a totally different scenario which entails a discussion of expiration of all the tax cuts.
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