WSJ - The Western Front: "The tax cuts Congress enacted during the president's first term are set to expire in 2010, and the commission is starting with the assumption that those cuts are made permanent. It's almost as if President Bush has been fitting the puzzle pieces together from the beginning of his presidency knowing that one day, this is where he would be. Congress now has to act or in just a few years a massive tax increase--including steep death tax rates and an income tax rate approaching 40%--will fall on the nation.
That brings us back to the question many Americans are asking as they try to make sense of the part of the tax code that applies to them: Is this all really necessary? Thankfully Congress may finally get around to asking that question itself."