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Former CBS Evening News anchor Dan Rather says President Obama’s caught in a “political nightmare” over the likely extension of the Bush tax cuts for another two years. Rather, speaking on MSNBC’s Jansing & Company said an extension of those cuts will infuriate the left and lead to a Democratic primary challenge against the president in 2012.
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at 06:14 on December 7th, 2010
There is more than one way to skin a cat. The moment to repeal Bush-era tax cuts has passed. The need for additional tax revenue persists. It is a matter of time and timing,
No need to insult Republicans now. Let the need become more apparent to voters as the economy recovers. When the legislative environment is right, introduce taxes that target the best source of revenues and be more specific about it.
In the meantime, reduce the size of government and reduce government waste through seeking higher performance and higher return on cost.