Nothing much will

[SK in CV]

Nothing much will change.

From Conor Clarke at Andrew Sullivan’s blog
(http://andrewsullivan.theatlantic.com/the_daily_dish/2009/07/daily-chart-tax-the-rich-to-pay-for-health-care.html)

(Please note, the min-max on this graph is from slightly over 31% to just a tiny bit over 36%.)

Even if this legislation is passed, the effective rate for the top 1% will remain considerably below the highest rates of the mid-90’s (when the economy was strong, and subsequently booming) and probably still below the norm of the last 8 years. Families with adjusted gross income under $350,000 will see no tax increase. 96% of small businesses will see no tax increase.

Since when? Since always. (at least during our lifetimes.)