Some historians believe that George Bush #41 lost his bid for re-election in 1992 when he went back on his promise not to raise taxes during his term. Buckling under pressure from congressional Democrats, Bush signed the largest tax increase in history at that time, encouraging Pat Buchanan to get into the race thus fatally weakening him for the general election.That may or may not be true. There were certainly other factors that contributed to Bush's loss. But President Obama's cave in to the GOP on taxes seems to be having a similar effect on his base. They are rabidly opposed to the extension for top earners and are mad as hell that he compromised with the Republicans.They should be mad. Byron York has a partial list of Obama promises on taxes:"It's true that I want to roll back the Bush tax cuts on the wealthiest Americans." Chester, Pennsylvania, October 28, 2008"We are going to roll back the Bush tax cuts on the wealthiest Americans, those making more than...(Read Full Post)