This "If you make less than $250K your taxes won't increase one dime" is crap. I'm not sure when the magic happened to stop businesses from passing on increases in overhead to their customers.
Just make a VAT and be done with it.
http://money.cnn.com/2008/12/01/news...tune/index.htm
I guess that would make it too easy to figure out the insanity.And it's too easy to reverse.
I was in a wait and see mode right after the election. Of course Obama was talking about a $300 billion stimulus back then.
No one seems concerned about how to administer this swag so big chunks aren't flat out stolen. Considering a significant amount is passed to the States, the deficit number isn't the only thing we are double downing.