Geee Posted November 27, 2012 Share Posted November 27, 2012 American Spectator: Five days after President Obama was re-elected, Weekly Standard editor Bill Kristol dropped this bombshell concerning tax increases on millionaires during an appearance on Fox News Sunday: Really? The Republican Party is going to fall on its sword to defend a bunch of millionaires, half of whom voted Democratic and half of them live in Hollywood? It won't kill the country if we raise taxes a little bit on millionaires. It really won't, I don't think. I don't really understand why Republicans don't take Obama's offer. Shortly after Kristol made his remarks, House Republicans appeared amenable to supporting a millionaires' tax while Republicans Senators like Saxby Chambliss and Bob Corker are expressing second thoughts about Grover Norquist's pledge not to increase taxes. It is now entirely conceivable the GOP could support the end of the Bush tax cuts for the wealthiest Americans. But let's look at the essence of Kristol's argument. He argues that we should support tax increases on millionaires because half of them voted Democratic. Well, a lot of people who aren't millionaires also voted Democratic. By that logic, Kristol should support increasing their taxes as well. Link to comment Share on other sites More sharing options...
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