Originally Posted by Direckshun
It's surely to satisfy a campaign promise, first and foremost.
You'd have to be naive to claim that there isn't political (cosmetic) and fiscal ramifications in equal measures, though.
There are practically no fiscal ramifications of raising the top rate a couple of percentage points. How much revenue do you think that will pull in?
“[Cruz] might not be the most fun to have a drink at the bar with, but America needs a designated driver.” - Mica Mosbacher, wife of the late Robert Mosbacher, Secretary of Commerce