On yesterday's Your World, Sen. Mark Pryor (D-AR) spoke with Stuart Varney about why he was the only Democrat to vote against the Buffett Rule. "Both sides are wrong on taxes... Sometimes President Obama, he doesn't really says this, but almost says, ...if we tax millionaires enough, all our problems will go away. Also, the Republicans, I think they're wrong on taxes too. They say we shouldn't raise taxes on anybody under any circumstances. I think both those approaches are wrong.... I think we need comprehensive tax reform along the lines of Simpson-Bowles laid out for us." He said "I do think millionaires should pay their fair share."
Varney said, "Tax reform under Simpson-Bowles was basically that you would do away with a lot of loopholes, but you would also lower income tax rates. Is that what you mean by tax reform?"
Pryor said, "That's exactly what I mean... I don't agree with every single line in the Simpson-Bowles plan,but it gives us a framework that we can start with, and I think it really gives us a blueprint for how we do this. I'm hopeful that the Senate and the House will get serious about tax reform. Unfortunately,we have a lot of people up here who are nott very serious about it right now."
Pryor was asked if there was a consensus on "loopholes gone, tax rates down." He talked about the "Grover Norquist phenomenon here where you have so many Republicans committed to no new taxes." He called it "unwise."
Comment: Of course Fox would have on Democratic Senator who voted against the Buffett Rule. What about the only Republican who voted for the Buffett Rule, Sen. Susan Collins of Maine? What about having her on?
Huffington Post has more about how the Simpson-Bowles tax plan helps the rich.