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Bill Kristol Encourages Flexibility on Taxes

upwithRomney Wrote: Nov 12, 2012 3:53 PM
Actually marginal costs equal marginal returns. Businesses today are much more efficient than they were 5 years ago. The are making profits that they never dreamed of. One in four pays NO income taxes. There is 3 trillion dollars in assets going unused to expand business. Why? Because businesses make money based upon DEMAND not costs. You hire people because you believe that they can produce a profit based upon the sales of the product that they make. The only Job Creators are consumers. If you lower business costs and the demand goes down, you will still lay off people.
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