The Crook Compromise

Also in the FT (good issue of the FT today) columnist Clive Crook suggests a tax compromise somewhat along the lines of that suggested by Larry Kudlow. Mr. Crook writes: "Extend all the Bush tax cuts for two years, but with a joint public commitment to reform the tax code before they expire with changes that a) broaden the tax base, b) cut marginal rates and c) raise more revenue."