In response to:

Bill Kristol Encourages Flexibility on Taxes

Neil99 Wrote: Nov 12, 2012 1:07 PM
Just open up your tax booklet and see that NET revenues are calculated by subtracting expenses from GROSS revenues. The NET revenues are what goes to the 1040 form where taxes are computed. Your ignorance is truly astounding.
Weekly Standard editor Bill Kristol said yesterday on Fox News Sunday that a more mature conversation must be had on the U.S. Fiscal Cliff - the set of deficit-shrinking policies scheduled to take place at the end of the year that would both cut government spending and raise taxes.

“I don’t really understand why Republicans don’t take Obama’s offer to freeze taxes for everyone below $250,000 — make it $500,000, make it a million,” Kristol argued. “Really? The Republican Party is going to fall on its sword to defend a bunch of millionaires, half of whom...
Related Tags: MSM Taxes Fiscal Cliff