[isaacagarcia]

"Raising taxes on the top 2% of households, as Mr. Obama proposes, would bring in $34 billion next year: enough to cover nine days’ worth of the deficit,"

http://www.economist.com/node/17043472?story_id=17043472

This conversation is a waste of time and is pure political rhetoric for election season. $34 billion is insignificant and simply a means to incite class warfare.

[blasdel]

Letting these cuts expire is the lowest-hanging fruit for boosting revenue — there are a lot of others above it, like expanding the estate tax before the boomers all die. They're just doing the simplest thing first.