That, the "Buffet Rule", the reduction on charitable donations, the increase on capital gains, and his proposed "Grand Bargain", which lowers rates, but eliminates enough loopholes that it is at least expected to raise the effective tax rate for corporations.
As I don't net more than $1 million a year, I hadn't followed it very closely, but I admit that I'm a little surprised. For some reason I thought it had most certainly passed and been enacted.
