Both candidates are offering an eloquent Democratic defense of taxes. Their answers are very similar – they’d pay for them by raising taxes on the wealthy and corporations. Where Democrats have gotten in trouble in the past is, Republicans say the rich are first and the middle class is next.
But Clinton and Obama clearly feel that the Bush experience has changed everything – they can feel confident talking tax hikes without fear. The taboo is off tax talk – it’s no longer the third rail.
–CNN Senior Political Analyst Bill Schneider