Bill Kristol Thinks Millionaires Can Afford to Pay a Little More in Taxes

WASHINGTON, DC - OCTOBER 03: The Weekly Standard Editor William Kristol (L) leads a discussion on PayPal co-founder and former CEO Peter Thiel's National Review article, "The End of the Future," at the National Press Club October 3, 2011 in Washington, DC. Kristol is on the advisory board of e21, the discussion's co-sponsor. Thiel argues that the United States and its leaders are on the wrong track regarding scientific innovation and that "when tracked against the admittedly lofty hopes of the 1950s and 1960s, technological progress has fallen short in many domains." (Photo by Chip Somodevilla/Getty Images) Photo: Chip Somodevilla/2011 Getty Images

President Obama now has an unusual ally in his campaign to raise taxes on the wealthy: Weekly Standard editor and Republican pundit Bill Kristol. Appearing on Fox News Sunday earlier today, Kristol said, "It won't kill the country if we raise taxes a little bit on millionaires. It really won't, I don't think. I don't really understand why Republicans don't take Obama's offer." (Maybe it's because much of the re-elected Republican House majority has signed Grover Norquist's no-tax pledge and are holding John Boehner's feet to the fire?) Regardless, Kristol just doesn't see the long-term political gain. Why, he wondered, would the Republican party "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?" Perhaps the Republicans can find a way to tax people for having an IMDB profile.