Why Obama Should Extend the Bush Tax Cut to Everyone -- and Why That's Exactly His Proposal, Stupid

The President should propose that the Bush tax cuts be extended for EVERYONE — but only on their first $250,000 of income.

Hey, wait a minute. That's exactly what he is proposing. EVERYONE gets a continuation of the Bush tax cuts on the first $250,000 of their incomes. If your income is $251,000, you'll get the Bush tax cut on $250,000 of it. Only $1,000 would be taxed at the higher Clinton rate.

So why have Republicans been able to say Obama and the Democrats don't want to extend the Bush tax cuts to everyone?

Call it another White House and Democratic communications failure.