Obama Budget Tax Increases for Wealthy Americans--just getting us back to recent levels

To hear some of the anti-tax organizations whining about the Obama budget, which follows the Obama campaign promises on tax cuts for most working Americans and small tax increases for the wealthiest Americans, you'd think that the proposal was unprecedented in the level of taxes.

MoveOn (a liberal political action group) has decided to take on those whiners by reminding us that pushing back the Bush tax cuts for the wealthiest Americans still means that those top income recipients would pay a much lower rate on their income than under prior presidents  There's a nifty chart (from The Washington Monthly) that shows the way rates have changed since the institution of the income tax back in the second decade of the twentieth century.