Are the Republicans preparing their cave-in on taxes?

“This is a referendum on taxes,” said Rep. Tom Cole (R-Okla.), a senior member of the House Budget Committee. “If the president wins reelection, taxes are going up” for the nation’s wealthiest households, and “there’s not a lot we can do about that.”

Funny words from a party that might control Congress, or at least the House.  Read the Constitution!  Here is much more.

I’ve long maintained that Republican legislators do not hate high taxes, they only hate having to vote for high taxes.  Come this December, they may pretend to voters that they are more or less powerless, while negotiating some concessions from Obama (and other Democrats) behind the scenes.  A lot of them are probably relieved or happy that taxes can go up, and furthermore they can then complain about this the next time around.


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