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Sunday, November 11, 2012

Bill Kristol Flips On Taxes


First it was Sean Hannity flipping on immigration. Now Bill Kristol supports raising taxes on the rich.

"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.

Republicans don't have a lot of leverage. President Obama can decide to let the Bush tax cuts expire and tell Congress to vote on keeping the middle class tax cuts in place. The question is will he cave? That is very likely.

The truth is Republican policy positions suck. Hispanics were tuned into the racist overtones on immigration during the Republican primaries and voted for Democrats. The American people heard how the Bush tax cuts were suppose to increase the Clinton surplus. We then had a deficit. Mitch McConnell said we should increase taxes on "job creators." Never mind that unemployment has fell from the Clinton levels during the years the Bush tax cuts were in place. This is a party that isn't serious about sound policy. That is why the laughable Paul Ryan is elevated to the level of policy wonk. The Republican Party doesn't do policy. They pander to their base and lobbyists.

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