Bernie Sanders just supported the fiscal cliff deal

[quakerboy]

68. That was my basic question

I was hoping you knew. Google time.

Here is Wikipedia's excerpt
" In 2008–2012, the tax rate on qualified dividends and long term capital gains is 0% for those in the 10% and 15% income tax brackets.
After 2012, dividends will be taxed at the taxpayer's ordinary income tax rate, regardless of his or her tax bracket.
After 2012, the long-term capital gains tax rate will be 20% (10% for taxpayers in the 15% tax bracket).
After 2012, the qualified five-year 18% capital gains rate (8% for taxpayers in the 15% tax bracket) will be reinstated."

My initial reading is that it was going to 20% anyway, so that detail is not really a negotiating victory. Possibly its even a bit of a loss, given that it looks like dividends will actually be taxed at a lower rate, as compared to what would happen if no deal passed.

Still, overall it looks like the best deal yet presented. Unlike many here, I don't have any problem separating the SS discussion from the tax discussion. I think we can win each on the merits, at least as far as public opinion is concerned, and fighting them as separate events gives the Republicans two separate chances to publicly prove they hate Americans. And while I have no problem with taxes rising on those making 250k, 400k works for me as well. I dont think people with "earned" income are the problem. Its the ultra rich, living off of the work of others, and paying less taxes where we need to increase tax revenue most.