It is an election year and the rich have those financial goodies to hand-out, campaign contributions. The Bush era tax cuts on the rich are set to expire at the end of 2010. President Obama wants to let them expire. He has the idea that the Treasury could use the increase revenue. Moderate Democrats are saying: Wait a minute Sens. Evan Bayh, Ben Nelson and. Kent Conrad are leading the save the rich tax cut movement and observers are predicting that the Democrats are very most unlikely to disappoint the rich by repealing the Bush tax cuts.
McClatchy Newspapers -- "A small but growing number of moderate Democrats are balking at boosting taxes on the rich. Many face electorates that recoil at the mention of any tax increase. Some represent areas that are loaded with wealthier taxpayers. Further, some incumbent senators who don't face voters this fall are reluctant to increase taxes on anyone while the economy remains sluggish.Without their support, the push to raise rates on the rich probably will fail."
As more and more money can openly be spent on elections, fewer and fewer politicians will want to openly oppose the interest of the rich.

