On taxes, is President Obama’s plan even more of a disappointment?Legislators and economists of all political persuasions agree America needs to...

It seems like the subtext of the question might have
already answered it.  Frankly, I am not sure that one can fully assess the President's
ideas on taxes until its long term effects are seen.  Differing economic philosophies
are always going to have staunch opponents and proponents. I am not sure that the
current economic situation is one whereby one can fully stick to one singular economic
philosophy and hope to find success.  The problem is so very complex and embedded in so
many different realms that a plurality of approaches have to be adopted and modified in
order to find some glimmer of success.  The President's plan seeks to take one such
approach.  I will say that the President might have identified a particular problem that
needs to be addressed in terms of how taxation impacts different economic brackets and
in seeking to bring light to this challenge, he has initiated a dialogue that is long
overdue.  Whether or not the President's plan is a "failure" is something that has to be
seen over time and cannot be assessed right now.