Tipsheet

Bill Kristol: Tea Partiers Won't Mind More Taxes

Bill Kristol just doesn't get the Tea Party and apparently, doesn't understand the Obama tax hike proposal on those making more than $250,000 per year. Last week, Kristol said "it wouldn't kill the country" if we raised taxes on millionaires and yesterday on Fox News Sunday, he said the Tea Party wouldn't mind a tax increase on millionaires, either.

Kristol: A lot of the Tea Party guys don’t care too much if a few millionaires pay couple percent more in taxes, honestly.



 

The problem? The proposals on the table to deal with the fiscal cliff, specifically from President Obama, aren't about simply taxing millionaires but those making more than $250,000 per year. Big difference. Not to mention, who in the Tea Party is Kristol talking to? "Tea Party" members of Congress and Tea Party groups around the country have clearly stated since the beginning of the movement that Washington doesn't have a revenue problem, it has a spending problem and that they are in no  way supportive of tax increases on the job creators in this country. After all, TEA stands for "Taxed Enough Already." 

Tea Party Express leader Amy Kremer told Townhall she "completely disagrees" with Kristol's statement.

As a reminder, raising taxes on those making $250,000 per year will only bring in about $59 billion. The deficit for October 2012 alone was $120 billion.