Budget Would Raise Tax Rates on Wealthy, Limit Deductions

WSJ "The bulk of that tax increase comes as a result of the expiration at the end of 2010 of tax cuts enacted under President George W. Bush. Marginal income tax rates for people with incomes over $200,000, or $250,000 for married couples, will jump from 33% to 36%, or from 35% to 39.6%." These are the people who run small businesses and create jobs.