World

Republicans Shouldn't Cave on the Bush Tax Cuts

Matt Yglesias notes that the tax plan approved by Senate Democrats yesterday, despite being billed as an extension of "middle class" tax cuts, actually has a lot to offer the rich. The plan preserves tax cuts on all income below $250,000, even for people who make significantly more than that. Yglesias wonders if Republicans have the political steel to turn down the offer:

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