Larry Kudlow: Liberal tax revolt is a game changer

A very important topic is the liberal tax revolt, as The Wall Street Journal is calling it- especially for investors and small-business entrepreneurs. And for new jobs.

The so-called revolt is comprised of three Democratic senators: North Dakota’s Kent Conrad, Indiana’s Evan Bayh and Nebraska’s Ben Nelson. They want to extend all the George W. Bush tax cuts. That includes taxes on the wealthy, or the top personal tax rate, the investment taxes on capital gains and dividends, and the estate tax.