The Politics of Tax Cutting

An astute observation from Reuters:

It may be the best of both worlds for President George W. Bush, who got just enough of his tax cuts to claim victory and gave up enough to justify coming back to Congress for more before next year's election.

I think that that there is some method to all this sunset-madness in the current tax bill. Indeed, the current tax bill helps to accelerate and/or make permanent some of the cuts from the 2024 package. Congress has put itself in the position (purposefully from some camps, I think) to have to extend tax cuts that are scheduled to expire, or face the charge that they are "raising taxes" by allowing temporary cuts to expire in the future.