I disagree with Hightower.

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Thursday, August 4, 2011

The Clinton tax rates

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The Rs are willing to advocate a major reduction in medicare (Paul Ryan's proposal) and take the heat.

Why don't the Democrats argue for a "return to the Clinton tax rates"?

What they do argue for is ending the Bush Tax cuts for the "rich". That won't get enough (70 billion/yr = 5% of the current deficit). To argue for ending all of the Bush tax cuts has a negative flavor. You know - "We don't need any job killing tax increases." But obviously the Clinton tax rates weren't "job-killin'" because we had lots of new jobs and a budget surplus.

Perhaps the Dems are not willing to take the heat.

Ryan was told that his proposal might beat him and he said, "Some things are worth losing an election over."

Do the Dems have any thing that they are willing to lose an election over? Perhaps their plan for avoiding insolvency?
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