Steven Hayward posted a story at Power Line including the following charts:
The article points out:
Second, raising rates on the rich has always been a liberal cover for raising taxes on everyone. Obama doesn’t seem to know much about economics, but he certainly knows that taxing the rich alone won’t begin to resolve the deficit. The real money has always been found in taxing the middle class. The great jump in federal revenues began in World War II when the income tax was changed to reach much further down the income ladder of the middle class. (See Figure 4.) This is why I think Obama actually wants to go over the fiscal cliff, slam the middle class, and blame it on Republicans.
Hang on to your hats. We are going to get what we voted for!