fight, but in the end that's probably what you get in december or january or february. >> professor, why did democrats always feel they are losing the debate whether it comes to taxation? they always adopt some variation on the republican argument, adopting as much of the republican position as they can usually in these debates. why wouldn't the democrats go in for actually much higher tax rates on these high incomes that previously did not exist in the world. incomes of $100 million and $400 million, a billion dollars are taxed at the same rate at $251,000? why did the democrats give up on progress above a very low threshold like $250,000? >> two reasons. one is franklin roosevelt originally got those very high rates, 91%, on very high incomes as part of a national