Tax hike will barely affect deficit, it's about spending folks, adding taxes is just fuel for the fire
You failed to hear Obama says "folks like me don't need the tax cut."
It has already cost a trillion, will cost a trillion or more if left in place ten more years.
It's called a balance, more revenue, cuts where they are smart and don'tt hurt the poor and middle class. NOT Ayn Rand followers and her nutty it's all about me philosophy. Nobody is going to come take your wealth and possessions and throw you in the street like the Russian revolution, just because Obama is half Black. That's essentialy the far right's stance.
It's a freaking 5% tax cut expiration on the amount of adjusted income over 250k, not the Bolshevik Revolution.