The word is that John Boehner has now conceded in essential concept and has said he will take increased tax rates — from 35 to 39 on the top margins — for persons making more than a million dollars a year.
So now we just haggle on the price.
President Obama wants 39 percent over $250,000. I see a counter-offer at a half-million, or, better yet, since Boehner wants to talk about a million dollars, an imposition of the so-called Buffett Rule by which those making more than a million dollars would pay an effective tax rate of 30 percent.
After that, Obama and the Democrats must give something real and substantial on entitlements. Personally, I’m not hung up on waiting longer for Medicare. A little longer. Sixty-five, sixty-six. For 12 months, I’ll use my new Social Security to pay my premium on my health savings account/ high-deductible Blue Cross policy.