Dec 04, 2012 11:04 AM
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. Sums up eveything in one paragraph. Well done.