It is hard to believe the Republican Party is in the business of politics. They are so bad at it.
Any casual observer knew the Democrats would never back away from the signature program of Obama's presidency. Besides, the fight over Obamacare took attention away from the alleged focus of the Tea Party movement — the budget deficit.
As further proof of Republican bumbling, the Democrats have succeeded in steering the popular press wisdom as to why no "grand bargain" can be reached to the idea that Republicans will not entertain any tax increase.
It is almost impossible to read an article on the next impending impasse without encountering this diagnosis. The fact that it is patently false does not seem to bother anyone — including the Republican Party.
In 2013 alone the following tax increases have taken effect on high-income taxpayers:
1) The top income tax rate for individuals has increased from 35 percent to 39 percent;
2) The capital gains rate (including the tax on dividend income) has increased from 15 percent to 20 percent;
3) A surtax of 3.8 percent is added to their investment income;