Jonathan Chait's reflections on the tax cut deal here:
Obama's Deal: A Huge Win (Or Maybe A Major Defeat) | The New Republic:
Quote:
"How did Democrats get a deal like that? Ezra Klein's source confirms what I speculated without any information -- Republicans love them some rich folk. They're willing to bargain away a lot to help the very rich:
For one thing, the things [Republicans] wanted were things they really, really wanted. A number of sources with direct knowledge of the negotiations have fingered the estate tax as the major player in the size of the deal. 'Republicans were extremely eager to get benefits for the top tenth of a percent of Americans,' says one senior administration official."
For one thing, the things [Republicans] wanted were things they really, really wanted. A number of sources with direct knowledge of the negotiations have fingered the estate tax as the major player in the size of the deal. 'Republicans were extremely eager to get benefits for the top tenth of a percent of Americans,' says one senior administration official."
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