A video depicting a young boy plunging into dark water, his mouth gaping and arms flailing, his body surrounded by bubbles and what sounds like muffled screams, has been released as part of the newly formed “Too Small To Fail” campaign. As the boy struggles, text appears over the image stating “Can't watch one child in danger? You do it every day. Stop watching.” “Too Small To Fail” is a social media campaign in response to the looming “fiscal cliff.” Sponsored by the Center for the Next Generation, the campaign focuses on raising awareness about the issues most affecting children in the United States--issues such as health care and socio-economic status. The cause’s primary focus is a debate likely to be shunned from budget discourse: the necessity of adequately funded public education. With the fiscal cliff approaching, debates about revenue are growing even more heated. Obama’s request to raise revenue by letting the Bush tax cuts for the highest tax bracket expire is meeting vehement resistance. Republicans accuse Democrats of stifling competition and engaging in “class warfare.” They assert that the wealthy are already being “taxed to death” and that any tax increase, no matter how small, will have devastating effects on the economy. The reality, however, is that, relative to history, the top marginal income tax rate is very low. Indeed, from 1936 to 1981, the income tax rate on the top tax bracket never dropped below 70%. Today, the rate is half that (35%), and, with the exception of the five-year period between 1988 and 1992, is the lowest it’s been since 1931. Thus, the assertion that the wealthy are facing an abnormally high income tax burden is nonsense. The claim that a modest tax increase will hurt the economy ...