I usually tend towards the lengthy and expository on this blog, because although the blog community tends to be catholic in its tastes (birds of a feather often flocking together, I mean), I’m always aware that you never know who might be reading any given post, or what their level of understanding of background issues is.
This week, however, I am in the midst of scrambling around trying to get our family ready to go out to the west coast this Saturday to spend the Christmas holidays with family. That’s unfortunate, because the current lame-duck congressional session has been much more full of activity and strife than anyone expected. And none of the issues has caused more of that strife than the current tax bill/compromise/capitulation being rushed through congress so the Bush tax cuts won’t expire on Dec. 31 at midnight.
Let me be blunt: this deal is SO bad, I would be remiss if I did not post my strenuous opposition to it. I’m going to try to be brief and leave out backstory and explanation. But let me repeat: simply put, this tax deal is awful. Terrible. I mean worse than doing nothing. Join me after the fold, and I’ll explain why.