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Politics : President Barack Obama
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To: Mac Con Ulaidh who wrote (95521)6/27/2011 2:58:22 PM
From: tejek  Read Replies (2) of 149317
 
"[If participants in the debt-reduction talks] do work out a deal — and this is the crucial part — it doesn’t have to include nearly as much in the way of revenue increases as a liberal president would normally prefer, because taxes are already scheduled to go up. Republicans are being intransigent on taxes in these negotiations for ideological reasons, but also because they know that if Obama is re-elected (which is more likely than not), they won’t be able to block tax increases: With a non-stroke of the pen, he can just let the Bush tax cuts expire — for the rich, or even for the middle class as well.

This is the trump card that liberals carry into all these negotiations. If we just do nothing on taxes except let the “current law baseline” run its course, their preferred vision wins."

douthat.blogs.nytimes.com
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