O’Reilly comes out in favor of tax increase

By Stephen C. Webster
Wednesday, July 13, 2011 8:18 EDT
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Conservative talk show host Bill O’Reilly said Tuesday night that Republicans must accept “revenue increases” for the government by way of tax hikes, specifically coming out in favor of a 1 percent national sales tax to help fix the U.S. budget.

“That could raise $100 billion a year without hurting the economy,” he suggested. “That money could fund Medicare. There are ways to get a deal done.”

He added that “the debt ceiling has to be raised and government spending has to be cut dramatically.”

This video is from The O’Reilly Factor, broadcast Tuesday, July 12, 2011, as snipped by ThinkProgress.

Stephen C. Webster
Stephen C. Webster
Stephen C. Webster is the senior editor of Raw Story, and is based out of Austin, Texas. He previously worked as the associate editor of The Lone Star Iconoclast in Crawford, Texas, where he covered state politics and the peace movement’s resurgence at the start of the Iraq war. Webster has also contributed to publications such as True/Slant, Austin Monthly, The Dallas Business Journal, The Dallas Morning News, Fort Worth Weekly, The News Connection and others. Follow him on Twitter at @StephenCWebster.
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