My colleague Russ Roberts over at Cafe Hayek asks the right question: What is the public policy justification for this?
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This is politics. This isn't public policy.
Read Obama's life story. It's all about the politics.
The guy isn't very interested in public policy.
And Congress has already proven that it's all about the politics, and good public policy be damned.
Posted by: Greg Ransom | February 20, 2009 at 12:12 PM
The justification is Boss Tweed politics at it's best! You scratch my back. I'll scratch yours. If we complain any more that top tax bracket can go much higher. Vote the Jackals out in 2010.
Posted by: Bob | February 22, 2009 at 11:28 PM