In response to:

How Democrats Can Get What They Want: Agree With Republicans

katemarcoux2 Wrote: Dec 03, 2012 10:23 PM
So why the Democratic commitment to raising rates instead of agreeing to a deductions cap? Democrats are wed to a pure symbolism of raising tax rates. It hurts the economy, it's inefficient, and it could destroy up to 300,000 jobs over the next two years, but at the end of the day, Democrats just want rates higher.
Democrats have said that that their priorities when it comes to a fiscal cliff deal are to raise more tax revenue and make the tax code more progressive.

Which is why it's odd to see them drawing a line in the sand on raising tax rates.

Raising marginal income tax rates is one of the most economically harmful ways to raise taxes. (The only provisions of the tax code that are more damaging are the corporate income tax and taxes on savings and investments.) Perhaps the only explanation is that Democrats don't actually care about...