By Ryan Ellis at Forbes

February 9, 2016

President Obama released his final administration budget today. Even more than past budgets, it was universally declared “dead on arrival” in official Washington.

That being said, the tax increases proposed in these budgets can live on for years. Once an idea is planted, it’s available as a “pay-for” on future tax bills passed by Congress. After all, these tax increases have been written out, vetted, scored, etc. They are one step removed from being “off the shelf” legislative language, and it’s important for policymakers to pay attention to them as a result.

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