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Legal Commentary

: TalkLeft

Imagine

By Big Tent Democrat

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Kevin Drum writes:

If, right now, you were to offer corporations and the rich a choice between (a) passage of EFCA or (b) a return to Clinton-era tax rates on high incomes, they wouldn't even blink. If you put a gun to their head and they had to choose between one or the other, they'd pay the higher taxes without a peep.

Lucky for corporations and the rich, they did not have to choose as the "most progressive Administration and Congress in a generation" did not pass EFCA and extended the Bush tax cuts for the rich.

Imagine that.


Full post as published by TalkLeft on January 23, 2011 (boomark / email).

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