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Steve Benen: White House May Capitulate on Tax Cuts, GOP Still Won't Compromise

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The rationale behind the Republican strategy is fear. If Obama gets the middle-class tax rates now, Republicans would be forced to fight for an unpopular tax-cut plan that primarily benefits millionaires and billionaires later. They'd expect to lose, and they'd be right. We're left with an unshakable GOP position: the permanent extension of the entirety of Bush's failed tax policy. No exceptions.

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