"I don't understand why they didn't move to higher taxes on the very very wealthy, Varney said. That would be politically expedient."
"I think it would be bad, bad policy, Baker said. Those people are already paying high level, high rates of tax 37 percent top rate of tax."
During a discussion on Fox Business, host Stuart Varney expressed confusion over why Republicans haven't considered raising taxes on the wealthy to support their budget bill. He deemed it politically expedient, a sentiment challenged by panelists who believe the rich are already contributing significantly through taxes. Gerry Baker argued against the notion, stating high-income earners already face a top tax rate of 37%. Varney quickly clarified that he wasn't advocating for higher taxes but was merely noting the potential political advantage. The debate highlighted the complexities of tax discussions within GOP politics.
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