Kerpen: Back to plan A on taxes, the economy

There is not a majority in the House of Representatives to support a tax plan that would raise taxes on any taxpayers — not even the much-maligned “millionaires and billionaires.” But that does not mean the House has acquiesced to the automatic tax hikes on every taxpayer slated for Jan. 1. In stark contrast to the failure of “Plan B,” the House already succeeded in passing its “Plan A” back in August: H.R. 8. That bill would extend all current tax rates for one year, while committing to comprehensive tax reform in 2013. It passed the House on a rock-solid 256-171 vote, with 19 Democrats joining 237 Republicans.