During this whole debate about whether or not to continue the Bush tax cuts for everyone, or everyone but the top 7% of earners in this country, one thing is frequently overlooked:
Marginal Tax rates.
Simply put, Under the Democrats' proposed plan the people who make more than $250,000 per year in income will still receive the same tax cuts as every other American. The only tax hike comes on the money earned over that mark.
Forgive me if I don't have any sympathy for the people crying about having to pay a little more on their quarter million + dollar per year income. Maybe they should hire some people to complain on their behalf. Oh wait...