Bill Kristol: Republicans should raise upper rates in exchange for lower rates being made permanent

Once again Bill Kristol is pushing the idea that Republicans should cave on raising upper rates if they get a good enough deal, and in this case he’s arguing that if Democrats agreed to make the other 98% of Bush tax cuts permanent, then it would be a huge victory for Republicans even if they have to concede raising the upper rates.

But Krauthammer hits back saying that as a matter of policy raising upper rates does nothing for our catastrophic deficits, that it’s just a political attack by Obama and Republican shouldn’t play that game.

Watch:

At the end of the show tonight, Krauthammer ribbed Kristol saying he is turning into a socialist. Watch it here.


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