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Bill Kristol Encourages Flexibility on Taxes

One for All Wrote: Nov 12, 2012 2:21 PM
Then why don't we up the ante and tax all persons who earn more than $250,000 in salary from the Federal Gov. at the rate of 75%. Works for me.
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...
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