President Obama has built his own wall to prevent agreement to avoid the “fiscal cliff”. There is no public outcry to raise the 35% top income tax rates on those with the highest incomes. The outcry is against the 15% – 17% average tax rate paid by the super wealthy like Warren Buffet and Mitt Romney, not against high wage earners who pay 35% on most of their income. If the 1% paid taxes on most of their income at the current top rate of 35%, there would be no problem. We need eliminate special interest tax breaks. For example, carried interest (otherwise known as bonuses for hedge fund managers) should be taxes at regular rates up to 35%, not as capital gains at 15%. Capital gains should be taxed at 15% only if the gains were earned over a much longer period of time, say 10 years. Currently, the 15% tax rate is applied to gains on assets held for only 1 year or more. Eliminate the home mortgage interest deduction on second homes. Cap the home mortgage interest deduction to loans of up to $250,000. There are many other special cases where income is taxed at less than the top rate of 35%. Those are the special tax breaks that we should look at ending – not raising the top rate.