Krugman: Letting Bush Tax Breaks for Ultrarich Expire

[BurtWorm]

http://krugman.blogs.nytimes.com/2010/09/14/lettingtax-cuts-for-the-rich-expire/


LettingTax Cuts For The Rich Expire

So, let’s see: letting the high-end tax cuts expire on schedule is good economics; picking a fight with Republicans over the issue appears, from all the polls, to be very good politics — and that’s despite what has so far been an incredibly lame effort to explain the issues.

Besides, Democrats should be inclined to take risks in any case: if nothing shakes up the game, they lose the House and possibly the Senate, if they shake things up, they might hold on.

And yet, it’s still not clear whether they’ll force a vote on a middle-class-only tax break?

You really have to wonder about these people.

[lfairban]

1. K&R

. . . for Reverse Reagonomics. The kind that Clinton used to balance the budget!