A Taxing Time Ahead.

“‘What strikes me now is the degree to which the fairly fiscally irresponsible policies of the last six years have put Democrats in a box,’ Mr. Greenstein said. ‘They’ve got these large tax cuts in place, they have even larger fiscal problems in the coming decades and they have large unmet needs right now, such as 45 million uninsured people. Addressing all three of those things will be very difficult.’” The NYT discusses briefly how the 2008 Dems are planning to approach Dubya’s tax cuts — As you might expect, everyone agrees that the giveaways to the tiny percentage of wealthiest Americans, those with incomes over $200,000, will have to stop. “‘Yes, we’ll have to raise taxes,’ Mr. Edwards declared in February in one of the first statements by a Democratic candidate on the issue.”