Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Ben Stein on Fox News: 'Taxes Are Too Low'
Posted
October 20, 2012
Views
67,205
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2,289
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October 20, 2012
67,205
2,289
884
4.72%
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3:40Now Playing"I guess he couldn't lie anymore. The truth must have weighed very heavily on economist Ben Stein when he veered from the usual script over at Fox News and committed "conservative heresy" by admitting that taxes must be raised on America's wealthy.
"I hate to say this on Fox-- and I hope I'll be able to leave here alive—but I don't think there is any way we can cut spending enough to make a meaningful difference. We're going to have to raise taxes on very rich people, people with income like say $2-3 million a year and up and then slowly move it down," said Stein. His co-hosts almost had massive coronaries on air.
All hell must have broken loose behind the scenes after that statement, for the collective conservative doctrine, of which Fox heavily subscribes to, is that the rich do not have to pay a penny more in taxes to help close the huge deficit gap. Kind of "they built it so they should keep it" BS.
In fact presidential hopeful Mitt Romney's budget plan gives $250,000 in tax breaks to the top earners among us, while middle income folks will see a $2,000 increase on their payout to Uncle Sam. (See former president Bill Clinton explain it here).
The Republicans' fuzzy math is still in full effect, even if the US economy shows the devastation caused partly by the financial crisis and a bloated budget, which includes more than 10 years of the Bush era tax cuts for the wealthy. Moreover as numerous economists haves said, cutting entitlements alone cannot fix the deficit; revenue needs to be raised as well."* Cenk Uygur breaks it down, explaining why conservative Ben Stein is right, and why he'll probably not be asked on 'Fox and Friends' again.
*Read more from Allvoices.com:
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