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View Diary: White House threatens veto of 'fiscal cliff' bill without tax hike for rich (61 comments)

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  •  nope, it's almost as useless as the high end (0+ / 0-)

    See How to Go Over the Fiscal Cliff for an actual analysis. See the second graph.

    The middle portion is almost as useless economically as the high end. It's only the lowest end of the Bush tax cuts that come close to being useful.

    It's also been studied that tax cuts for the top 10% do no good at all. ($120k for household.)

    Obama's cut-off is way, way too high, which is why his plan is so damn expensive - $3 trillion.

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