When Is Obama's Tax Hike Not a Tax Hike? When You Ask the NYT

Today the New York Times seemed a bit, well, confused. They asked the question, "is the Obama tax plan a tax hike?" Perhaps they missed the following elements:

• Raise the top tax rate from 35% to 40%
• Raise the small business tax rate from 38% to 55%
• Raise the capital gains tax from 15% to 28%
• Raise the dividends tax from 15% to 40%
• Ensnare millions of taxpayers in the AMT trap

If that's not a tax increase, I don't know what is. In fact, it's the largest tax hike ever. So much for the "paper of record."