Responding to the op, there are already plenty of families and businesses making slightly over or very close to $250,000 that are already planning on reducing their productivity (the best of economic stimulants) to avoid the tax increase. Also, at least some of that extra money filtered to the poor will be spent on debt which will really have no effect since we're already bailing out the financial institutions every other week.

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"The plans differ; the planners are all alike..."
- Frédéric Bastiat

So it's ok to bail out the financial institutions but not the people?????

You have it all backwards if you believe that to be true. The real power belongs to the 97% that are not considered the elite, not the elite themselves.

Then how come the elite can go to the government for a bailout when their profits fall but the American worker is onhis own when he loses a job.

How come companies with record profits {the elite} need reserch money from the government?

However these same elite don't want government in their business?

No. They especially do not deserve any government aid. They screwed up. They screwed up royally and we're all suffering because of it. They don't deserve to stay in business and there are plenty of small, responsible financial institutions that would love to step up to the plate and take on the clients the big firms led astray.

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"The plans differ; the planners are all alike..."
- Frédéric Bastiat

Those small, responcible financial institutions are not the only one ready to step up.

The American workers are ready to step up from the stock broker to the costruction, factory, and clerks, right down the line.

The backbone of America has aways been the working class.

You want this economy to start working bring back manufacturing, and Americans are more than capable of computer technoogy.

The last thing we need is more work visas when since Jan. we lost 600,000 jobs.

That quote is very misinformative. Yes, the middle class is more likely to save when they get a tax break - what's your point? If the economy gets worse, it's better that the middle class isn't completely destroyed due to it...

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Baby's got a place in the sun, selling people shade

The midle class became the middle class because of the employment status ,now they are losing jobs.

It is most difficult to save when you are not working and bills must be paid.

Unemployed people don't pay income taxes...........................................

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Baby's got a place in the sun, selling people shade