The Fiscal Cliff Is Set To Clobber The Middle Class With Nearly 50% Tax Rates

by Keith Fitz-Gerald.

If I didn’t know any better, I’d think there’s a small but growing group of people in Washington who think it would actually be good if we temporarily went over the fiscal cliff. I say that because I am seeing a smattering of articles recently suggesting that somehow going over the cliff “won’t be all that bad” or that we’re “really just talking about cuts that need to happen in the first place.” President Obama seems to think the same way judging by the fact that he’s dug in his h…

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