Trumping Bush on Taxes

John Podesta, head of the Center for American Progress, is out with a plan for how Democrats can pre-empt Bush's tax reform plans with their own tax reform package. The CAP plan is based on three principles:

* A commitment to fairness
* Rewarding hard work
* The belief that a good tax system must be easy to understand

Check out the details.

(You can read more of my thoughts on my own blog, Interesting Times).