[ProtectOurFreedom]

IF there is any additional revenue, you can be sure that spending growth will vastly outpace revenue growth.

Much more likely will be a reduction of revenue. Just look at the history and objective evidence of income and capital gains tax rates.

But Obama said he doesn't give a rat's patootie about revenue...he wants "fairness," ie, screw the successful white bastards out of the fruits of their labors.

[Auntie Dem]

Much more likely will be a reduction of revenue. Just look at the history and objective evidence of income and capital gains tax rates.

BINGO!

There will be NO increase in total revenue, there will be a decrease. Happens every time you raise rates.

The spineless Repubs should write the new tax law to say if total revenue decreases those who got their rates raised get them retroactively lowered and get refunds, AND spending has to decrease by DOUBLE the decrease in revenue. But that will never happen. Too logical, too fair. (Ask a Ukrainian about how they feel about letting a Marxist define what is "fair")