My prediction: I think that there is no way in hell that Obama is going to raise taxes on all working Americans in an election year, and that the current tax rates will be extended for one more year.
Federal Tax Rates have declined but revenue receipts have NOT. Governments (Fed, State, Local) have not lost any money and someone should document the taxes, fees, and permit increases that have enhanced government balance sheets.
Before 2006, I never paid a Commercial Activity Tax,Universal Carrier Fees, etc.
The Government NEVER loses a dime.
The only tax to revert will the the upper end tax. The have nots are in charge didn’t you know.