Romney Donors Grapple With the Fiscal Cliff and Taxes

They spent millions of dollars backing the wrong presidential candidate, they were geared up to celebrate an Election Night victory that never happened, and now there's a good chance their marginal tax rates are about to go up.

They are the Romney high dollar donors. Mel Sembler, co-chair of Romney's Florida finance committee and a former ambassador to Australia and Italy, told ABC News he is "very discouraged" after supporting Mitt Romney for five years. Former bundler Eugene Atkinson is still "moping" over the election's outcome.