The Fiscal Cliff Thingy !

Why is the "fiscal cliff" topic centered around either cutting out loopholes and tax breaks for the very, very wealthy OR raising the tax rates on the very, very wealthy to a similar level to when Eisenhower, or Clinton, or Reagan, were in office? Why isn't it both? If the Federal debt is really that big of a deal, and I think it is, perhaps those things need to be accompanied with somewhat less o

f a tax break for the other 98% as well. That should be the type of "balanced approach" they should be discussing. As it stands now, the more wealthy you are, the more choices you have on which loopholes and breaks you can use. Eliminating 2 or 3 or 5 of a dozen or more of the loopholes that are available to the very, very wealthy, only forces the very, very wealthy to shift from one loophole to another!

Here is what Robert Reich, the Secretary of Labor during the Clinton Administration and who has served in three Republican and Democratic administrations, thinks should happen in the the next month.  He keeps his suggestions to under 3 minutes!

http://front.moveon.org/dear-democrats-please-stick-to-these-8-principles-from-robert-reich