Plan on Higher Taxes in 2010

It's probably stating the obvious to some folks, but Americans should begin preparing for higher tax rates, as the Senate today rejected a plan, 52-47, to extend the tax breaks beyond 2010.

Even if McCain were to win the election, it will be nearly impossible for him to prevent Congress from raising taxes, which happens automatically if nothing is passed. His only chance is to make it the centerpiece of his domestic policy and bring it up several times in every televised debate to let everyone know how much money they will be losing to the government. And that is very unlikely.