Somebody's tax rates are going to go up

If Congress and the President don't reach a deal, EVERYONE pays more taxes.  The Republicans are laughably forgetting who gets the blame for that (as well as the nasty budget cuts that they agreed to so that they would have to reach a deal - which they didn't).

But why raise somebody's taxes, especially the wealthiest among us?

Confident Obama sees path to fiscal cliff win

“For him [Obama] the question on top rates isn’t just about fairness, it’s about math,” said one top financial services executive, who like others interviewed for  this story declined to be identified by name in order to speak candidly about private meetings. “You might be able to get a similar amount of revenue but all of the deduction closings would create their own problems. Closing  the mortgage deduction could hurt the housing market, for example. His  commitment to rate increases is absolutely unshakable and he believes the politics are firmly on his side.”

Unsurprisingly, so do I.

More on the idiots, Boehner and McConnell, soon.