How do the Democratic and Republican positions on the “fiscal cliff” differ?

      According to the Democrats and Republicans differ because of their opinion on how they could create a solution to the "fiscal cliff". Republicans want to extend the tax cut equally for all Americans and Democrats wants to extend the tax cuts for some people but not for others. From one specific source, it states that "Obama wants to freeze tax rates for most Americans while allowing them to rise as high as 39.6 percent for the wealthiest people — defined as earning over $250,000 per year." and "Republicans, meanwhile, do not want to raise taxes on anyone. But in the wake of their electoral defeat last month, they have acknowledged that the wealthy will have to pay more." Therefore, two parties have their differences on the fiscal cliff, but are still disputing whether one is better than the other. 

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