Friday, August 05, 2011

Turning the Tables

Ezra Klein argues that the Democrats have an opportunity to turn the tables on Republicans.  The pending expiration of the Bush tax cuts can be used as a hostage against them.  If they choose to not participate in genuine tax reform then we can just let the cuts expire.  In Ezra's words:
Just as Republicans planted a trigger for 2011 that ensures spending cuts, Democrats should use the Bush tax cuts as a trigger in 2012 to force revenues. Which is not to say they should campaign for raising taxes. They should campaign against an outdated, inefficient, unfair tax code as well as the Washington way of leaving hard problems for somebody else to handle.
The White House should announce that it won’t extend any of the Bush tax cuts and will instead insist on a Gang-of-Six-esque plan that cleans the code, lowers rates for everyone, and raises $2 trillion or more in revenue. If the GOP refuses, the tax cuts will expire, our revenue problems will be solved, and Republicans will suddenly find themselves much more interested in tax reform. Sometimes, to govern like a Democrat, you need to negotiate like a Republican.

No comments: