Tom Cole’s Sanity …

Nov 28 2012 @ 2:16pm

… does not, alas, extend to his Republican colleagues. It’s worth noting, by the way, that Simpson Bowles began its tax reform on the basis of the Bush tax cuts all being sunsetted. Obama is to the right of them, if you think being on the right means minimizing taxes. In a sane world, couldn’t you just agree to an initial tax hike for the $250,000 to slightly lower than the Clinton rates, giving the GOP a fig leaf, while keeping the other tax cuts in place, and then hash out a comprehensive Simpson-Bowles style deal? Or are we really – even after a clarifying election – be playing a game of chicken till New Year’s Eve?