PrintDecember 16, 2010
No Deal on the Tax Deal
Charles Krauthammer, Mike Pence, and Mitt Romney are right. Paul Ryan and Chris Christie are wrong. The proposed tax deal is not the best deal achievable. Doing nothing is better.The logic in favor of the tax deal (from conservatives) is understandable: It is not exactly what we wanted, but it is the best deal we can get, and it is better than no deal at all. The idea is that the current tax rates are extended for everyone, which is what we wanted. While other stuff, undesirable stuff, was added, the package is two-thirds goodness, and we can live with that.I do believe it is the best deal we could get from the Democrats, given that the Senate is still run by Harry Reid and will be next year as well and that Barack Obama is still president. The nub of the issue is this: this deal is not better than no deal at all.Believe me: I'm troubled by going against the likes of Paul Ryan and Chris Christie. Ryan is of the "best deal we can get"...(Read Full Article)
