Why The Left Got Taken To The Cleaners
” For liberals, this was not a moment of danger to be minimized but by far their best opportunity in a generation for increasing tax rates (which is the only fiscal reform they seem to want) and for robbing Republicans of future leverage for spending and entitlement reforms. And it is likely the best one they will encounter for another generation. Many on the left have seemed convinced lately that the politics of taxes had changed dramatically in their favor, and that the opportunity presented by the cliff could result in the kind of surge in revenue that could put off the coming fiscal crunch for years (until, they seem to think, it will just magically go away at some point) and so could save our entitlement programs from the need for reform. . . . “
Related articles
- Speaker Boehner: 2013 Must Be About Cutting Spending and Reforming the Tax Code (speaker.gov)
- Republican U.S. senator: Cut Medicare … or we’ll shut down the government (dailykos.com)
- Fiscal Cliff: Where Are Your Spending Cuts, Mr. President? (heritage.org)
- Tax Increases Won’t Solve Washington’s Spending Problem (heritage.org)
- The President rejects bipartisanship (gregmankiw.blogspot.com)
- Fiscal Cliff Poll Finds Divided Opinion Over Agreement (huffingtonpost.com)
- Corker: Tax Hike on Wealthy Could Give GOP an Edge (blogs.wsj.com)
- Shelby: U.S. becoming Europe (politico.com)
