Boobus Domesticus followed the Democrat Party line for years as it trashed the Bush tax cuts as being “just for the rich”. Recently, Obama has come out saying he wanted Congress to keep the part of the Bush tax cuts for people making under 250K per year, aka, middle-lower wage tax paying citizens. So Obama now says the Bush tax cuts do have cuts for middle and below average income earners..after years of playing the class warfare card with his party. And now…the Democrat Party has headed for the hills, not extending the Bush tax cuts, which by default, raises taxes in January, permanently.
The Income Tax system as a whole needs to be abolished. A good start would be to flatten all rates to one low rate, prior to phasing out this “worst of the worst” forms of taxation.