In response to:

Democrats: Absent Tax Hikes, We're Totally Willing to Head Over the Fiscal Cliff

mary anne24 Wrote: Nov 16, 2012 11:43 PM
I think most of his income was from investments. I see it as 15% current tax rate for investment income, which is taxed at a lower rate because we want to encourage investments in companies...that enables companies to spend more on R & D and GROW, which is good for the economy - jobs etc....- So we want people with money to invest and don't want to tax them to death when they do.

Profoundly irresponsible?  Of course.  Politically insane?  Not really.  I'll expound on the second point in a moment, but first, let's survey the brazen talk from Team Blue -- with massive, recession-inducing tax hikes hanging in the balance.  Our new friend Patty Murray is at the front of the line:

Senator Patty Murray (D-WA) says that if Republicans do not agree to let tax cuts expire for Americans making over $250,000 per year, the country should go over the fiscal cliff, which would allow automatic cuts in spending and the expiration of all tax cuts to...