The Bush tax cuts were bad policy when they were enacted, and they are bad policy today. Extending them would dramatically enrich the wealthy relative to everyone else: 26.8 percent of the benefits would go to the top one percent of wage earners.
The poor are growing, the middle class is shrinking and the rich are getting even richer. This is how you build a Third World country. So, the next time you hear about class warfare, understand which direction it's going in.
Anyone in the media talking about raising income tax rates on the top two income brackets should disclose their possible conflict of interest. "Full disclosure, I fall into the top tax bracket myself, so I would personally be affected by changing this rate."
If you want to be serious about being fiscally responsible then you can't have some sort of double standard where you hold the line on new spending but ignore the fact that tax cuts add to the deficit.
This Tax Day, as you're dropping your return in the mail (or pressing that e-send button), instead of reinforcing the pro-rich, anti-tax lie and sighing grumpily as you do your duty, look around at everything your taxes are paying for.