Pro/con: Should GOP throw Norquist over the fiscal cliff?
December 7, 2012 at 6:00 pm in Duluth News Tribune
No: Norquist a hero to beleaguered taxpayers
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Pro/con: Should GOP throw Norquist over the fiscal cliff?
2 Comments
Keep Grover, give him a medal and make him old rich white guy Commander in Chief. But he obviously has to do a little housekeeping and stop guys like this writer from spreading lies about the Pledge.
I can understand the need to smooth out some feathers, but the quote below does not exist in the all mighty pledge.
Signing Norquist’s “No Tax Pledge” doesn’t mean opposing all changes in the federal tax code; it merely means looking to spending cuts, first, and then to reforming our Byzantine IRS tax apparatus for collecting them.
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“free up the money for its most productive use”???? u mean sitting in a bank account collecting interest lol?? seriously if you think these rich people having extra money means they will put it back into the company you are wrong…..they only do that if demand for their products neccessitates hiring more workers or expanding operations. Please try to argue otherwise i am open to debate. And just ask anyone who actually signed that pledge any legislation that increases taxes for anyone/business is at odds with the pledge…so yes tax reform does increase taxes (for some) and is at odds with the pledge. The best way to stimulate an economy is to get lower and middle income earners more discretionay income, not the rich. The rich will buy a new private jet with a tax deduction, whereas the masses will actually invest that money or spend on needed goods. If a rich person can make more money just by letting it sit in the bank how exactly will that stimulate the economy??
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