Under President Clinton, income tax rates were set in such a manner that the government no longer ran a deficit. Those rates should never have been lowered, and they should be permitted to expire. At the same time, the middle class should be protected from a sudden increase in their rates. This should be enacted in a separate bill. Also it is unconscionable that very high income individuals should pay a lower tax rate than their secretaries and other employees. Capital gains tax rates are very low and can easily be set higher. This should be done to the extent necessary to cover essential government services.
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