The Democrats are getting very comfortable in their position. Hillary is a heavy favorite and Bush is at an all time low in the polls. Thoughts of a sweep are dancing in their heads. What to do with the new found power. It’s time to roll back any tax hikes of course. Congress needs money to spend for the “needed” programs. After all the world is about to collapse from Global Warming. But, the American people might not like a tax hike. How can we disguise it. Let’s get out our favorite diversionary trick. Let’s beat up the rich. Here is the plan

• Raise taxes back to 44% for the upper tier
• Raise the Capital gains tax to 30 percent
• Raise the FICA limits
• Let the Bush tax rollback expire except for lower brackets
• Impose changes to partnership rules to get those pesky hedge fund dollars
• Token change in AMT

Yep, that looks like a good place to start. Drudge has a good link to the start of the festivities.

Watch how the play unfolds. The stock market will not like it at all.