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Professor Clint Wallace of the University of South Carolina School of Law discusses his argument for using tax policy to reinforce democracy.

A summer ago, those people were coming off of a huge victory in 2010, now much further down road and coming off -- many got re-elected tuesday but the whole political environment has changed given the success of not just president obama but democrats more broadly in congress. and it does change everyone's incentive structure. there's no one, no one, who is politically well affected positively affected if the country drops into a second dip of a massive recession in the first half of 2013. >> chris cillizza, john heilemann, thank you both very much. joining me now to discuss the fiscal cliff ne...