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.