re: #282 Killgore Trout

From the cnn article:

In addition, the long-term capital gains tax rate would increase to 20%, up from 15% currently.

Given that many people have investments - not just the rich - the cap. gains tax would hit all income brackets, not just those in the top two brackets.

Limiting itemized deductions may hit middle class taxpayers in urban areas where a significant factor is real estate taxes (plus mortgage points, and interest expenses). If someone has real estate taxes of $8,500 (as is common in Northern NJ), middle class would get whacked with tax hikes.