This is only a Preview!

You must Publish this diary to make this visible to the public,
or click 'Edit Diary' to make further changes first.

Posting a Diary Entry

Daily Kos welcomes blog articles from readers, known as diaries. The Intro section to a diary should be about three paragraphs long, and is required. The body section is optional, as is the poll, which can have 1 to 15 choices. Descriptive tags are also required to help others find your diary by subject; please don't use "cute" tags.

When you're ready, scroll down below the tags and click Save & Preview. You can edit your diary after it's published by clicking Edit Diary. Polls cannot be edited once they are published.

If this is your first time creating a Diary since the Ajax upgrade, before you enter any text below, please press Ctrl-F5 and then hold down the Shift Key and press your browser's Reload button to refresh its cache with the new script files.


  1. One diary daily maximum.
  2. Substantive diaries only. If you don't have at least three solid, original paragraphs, you should probably post a comment in an Open Thread.
  3. No repetitive diaries. Take a moment to ensure your topic hasn't been blogged (you can search for Stories and Diaries that already cover this topic), though fresh original analysis is always welcome.
  4. Use the "Body" textbox if your diary entry is longer than three paragraphs.
  5. Any images in your posts must be hosted by an approved image hosting service (one of: imageshack.us, photobucket.com, flickr.com, smugmug.com, allyoucanupload.com, picturetrail.com, mac.com, webshots.com, editgrid.com).
  6. Copying and pasting entire copyrighted works is prohibited. If you do quote something, keep it brief, always provide a link to the original source, and use the <blockquote> tags to clearly identify the quoted material. Violating this rule is grounds for immediate banning.
  7. Be civil. Do not "call out" other users by name in diary titles. Do not use profanity in diary titles. Don't write diaries whose main purpose is to deliberately inflame.
For the complete list of DailyKos diary guidelines, please click here.

Please begin with an informative title:

The GOP is going to have to accept that Bush tax cuts for the wealthy will expire at the end of this year—and according to conservative pundit Byron York, they know it:

York says Republicans are "pretty nervous" about taxes because:
  • Obama ran on a platform of ending the Bush tax cuts for the wealthy—and won.
  • If we go over the "fiscal cliff" and all Bush tax cuts expire, they know that the president will propose extending tax cuts for income under $250,000—and they don't want to "find themselves in the position of defending tax cuts for the highest income brackets."
  • They are pushing tax reform in the hopes of avoiding that scenario, but failing that, York said it's "unclear" whether they can stay unified in opposition to extending just tax cuts below $250,000.
  • As far as tax reform goes, Republicans want something like what Mitt Romney proposed: a cap on deductions. (York didn't go into detail on whether Republicans would push for the other part of Romney's plan, which was to lower tax rates by 20 percent. Obviously, it was the rate cut that created the biggest problem with Romney's plan, not the cap on deductions. Obama has already proposed a similar, but more modest, cap and Democrats are interested in pursuing the idea now that Republicans are floating it.)

Whatever ultimately happens with tax reform, the key point here is that Democrats are in an excellent position to finally eliminate the Bush tax cuts for the wealthy. It's not that Republicans are going to suddenly endorse the Democratic position, but they don't seem to have the heart to once again hold middle class tax cuts hostage in order to cut taxes on top earners. And the reason they don't have the heart to hold them hostage is that they realize that President Obama and Democrats are serious this time, unlike at the end of 2010.

Bottom line: the only thing that can stop the Bush tax cuts for the wealthy expiring is if the White House or Democrats get cold feet. And the good news is that there's no sign of that happening.


You must enter an Intro for your Diary Entry between 300 and 1150 characters long (that's approximately 50-175 words without any html or formatting markup).

Extended (Optional)

Originally posted to The Jed Report on Tue Nov 13, 2012 at 06:45 AM PST.

Also republished by Daily Kos.

Your Email has been sent.