John Fairbanks: The tax bill trainwreck

Editor’s note: This op-ed is by John Fairbanks, a Vermonter currently living and working in Washington, D.C.
We are passengers on a speeding train headed over a fiscal cliff.
The majority in Congress is racing furiously to finish its tax bill. The House passed its version on Nov. 16. The Senate is expected to begin debate this week and pass it on a party-line vote soon after. The bill will then go to conference committee to iron out differences between the two versions. If all goes as plan