"The modern Republican argument about taxes seems to boil down to two principles, both misguided: Taxes can be reduced, but they can never be allowed to go up. And whatever level taxes are at, they are too high.I think most Republicans I know are honest, but I also don't think that they have actually thought this through. Marcus gets to what I noted the other day. The argument around tax cuts is not intellectually consistent, and until the right gets some basic consistency, I think they should be dismissed on this issue.
Think back to the beginning of the Bush administration tax cuts. It seems almost impossible to believe, but the argument then was that the budget surplus was too large."
July 28, 2010
Ruth Marcus - Why Congress should let the Bush tax cuts expire: