Bill Kristol Calls Raising Taxes 4 Percent on Incomes Over $250K 'Extreme'
This week on Fox News Sunday, viewers were treated to yet another round of Bill Kristol giving advice to Republicans on how to negotiate on extending tax cuts for the middle class, or at least what he considers middle class.
After previously saying that Republicans are not going to be able to defend tax cuts for the wealthy, that they should not "fall on their sword" to defend millionaires, that a lot of the "tea party" groups won't care if millionaires pay more taxes and that they're going to look like they don't care about the middle class, Kristol was once again trying to get the line drawn at a million dollars in income instead of the $250 thousand threshold the President is insisting on.
Kristol went so far this time as to call raising taxes on everyone with incomes between $250K and a million "extreme" and opined about how hard it might be on those families if they're paying college tuition. These guys never seem to mind throwing additional tax burdens on those who are truly middle class all across America, or going after benefits for people on fixed incomes that rely on programs like Social Security and Medicare, but lord knows we can't burden someone who is making over a quarter of a million dollars a year with a slightly larger tax burden. They also love to give people the impression that those higher taxes would be paid on their entire income. They'd still be benefiting from the lower rates on their income below $250,000.
Transcript below the fold.
