Skip to comments.Kristol: It won't kill us if we raise taxes on millionaires (Shut Up Bill!)
Posted on 11/12/2012 8:07:06 AM PST by SeekAndFind
This is called surrendering before the war starts: Conservative commentator and Weekly Standard editor Bill Kristol said Sunday the Republican Party should accept new ideas, including the much-criticized suggestion by Democrats that taxes be allowed to go up on the wealthy.
"It won't kill the country if we raise taxes a little bit on millionaires," he said on "Fox News Sunday." "It really won't, I don't think. I don't really understand why Republicans don't take Obama's offer."
"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 whom live in Hollywood and are hostile?" he asked.
One of the biggest fights as Congress returns will be over taxes, as cuts put in place by former President George W. Bush are set to expire at the end of the year. Republicans want to extend those tax cuts for all income brackets, while Democrats want to raise revenue by allowing them to expire for wealthy Americans.
Exit polls last week found that six in ten voters supported ending the tax cuts on the wealthy, but House Republicans have remained adamantly opposed to allowing any of the rates to expire, instead supporting other changes to the tax code. House Speaker John Boehner (R-Ohio) indicated on Friday that was unlikely to change.
First of all, if Kristol wants to go belly up and grovel before Obama before negotiations even begin, that's his business. Leave the rest of us out of it.
(Excerpt) Read more at americanthinker.com ...
I believe that is correct.
Let’s let the dems do whatever they want - they can ‘ease’ the money until every dollar is almost worthless, they can squeeze every person who owns a business and loot anyone with money. We can’t stop them so why set ourselves up to take the blame?
Our job is to change the way voting is done in this country. The was we vote is as stupid as a store that sets out a bowl for money - and lets people ‘pay’ voluntarily ... Maybe once it was possible but in today’s United States all stores have to have security tags, closed circuit cameras, store police, etc. The real world of lowlifes has to be acknoldged.
We need to stop pretending inner city lowlifes are playing by queensbury rules. They’re not. They cheat on voting and think it’s cool ... Dems play by Chicago Street gang rules - and they win because we’re fools. This isn’t the country we loved. Ten thugs kinking an unarmed person in the groin is not ‘fair’ or ‘cool’ and we need to wake up to who we’re up against.
Easy solution. Bush tax rates in red states and obama tax rates in blue states.
The House should also answer the "fiscal cliff" problem by re-passing the 2007 budget and adding in whatever additional tax revenues are expected from the higher tax rates on the "rich." They could also redo deductions and tax rates to lower the corporate tax to 10% (what it is in parts of Europe).
They should realize that the endgame for the Dems is a VAT tax + punitive income tax rates (just as in Europe) and they should scream about it load enough so it gets past the media barrier.
Actually pass a balanced budget in this manner and see what the Dem response is.
This will hit the Trial Lawyers Assoc. very hard because they structure much of their income as "dividends" or "interest" to pay the lower cap gains rates.
The rich have abandoned any principled leadership role in this country, so screw 'em.
Leftists have taken to calling all conservatives “neocons,” but Kristol’s father was one of the original neo-conservatives. They are big-government liberals of the 1950s variety. They are for an interventionist foreign policy, lots of government programs and spending, and have no stomach for social conservatism.
They were strongly anti-Communist, but really only in a Soviet-bloc mindset. I don’t think they ever grasped the undermining of our institutions by communist sympathizers.
But they’ll be raising taxes on the $250-thousand-aires, too!
There is lies the rub, DumBO cannot be trusted and will not cut spending, if fact, it will be his excuse to spend more.
It is not that some millionaires can forgo a Ferrari, but, that some small business owners will go out of business. The winner will not be the American people, but, big business that will pick up the slack of providing the service small business provides. And, nothing a bureaucracy likes more than having only a select few to regulate than a host of small entrepreneurs.
Trump Says Taxes for the Wealthy Should Go Up
by Nachum · 118 replies
Newsmax ^ | 5/8/16 | Thompson/Reuters
Donald Trump said on Sunday that taxes for the wealthy should go up but that his tax plans would likely be renegotiated with Congress should he win the U.S. presidency. “For the wealthy I think frankly it is going to go up and, you know what, it really should go up,” the presumptive Republican presidential nominee told NBC’s “Meet the Press.” Trump said that he see his current tax plans, which would reduce taxes for the middle class and businesses and increase those for the wealthy, as a negotiating “floor” that may change in dealings with Congress. Latest News Update...