Kal ZoneBlog

Open letter to congressional Democrats

December 5, 2010

The Bush tax cuts have proved to be a failure as economic policy: they have greatly increased inequality and contributed mightily to the federal deficit, yet have done little to promote employment or economic growth. It would be bad for the country to continue them.

I would rather see the Bush tax cuts expire as a whole — in accordance with the voodoo accounting that necessitated a sunset clause — than see them extended for the top tax brackets.

Democrats still have a majority in the Senate, even in the next Congress. There is no reason why Republicans should dictate economic policy from a minority position.

Continuing the Bush tax cuts will not help the economy and will make Democrats vulnerable to even bigger losses in 2012. If Democrats fail to hold the line on this, I can no longer in good conscience consider myself a Democrat.

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