Showing posts with label Taxpayer Protection Pledge. Show all posts
Showing posts with label Taxpayer Protection Pledge. Show all posts

Wednesday, December 21, 2011

Have Republicans violated the Taxpayer Protection Pledge? If so, I’m still waiting for the fallout

          I don’t want to get political :) but I just wanted to point this out… Doesn’t the refusal to vote in favor of the American Jobs Act violate Grover Norquist’s Taxpayer Protection Pledge: “I, _____, pledge to the taxpayers of the (____ district of the) state of ______ and to the American people that I will: ONE, oppose any and all efforts to increase the marginal income tax rate for individuals and business; and TWO, oppose any net reduction or elimination of deductions and credits, unless matched dollar for dollar by further reducing tax rates” which 95% of Republicans in Congress signed? If the bill does not pass, a previously enacted 2% payroll tax cut for all wage earners will expire and marginal tax rates on income will go up by 2%. This can be viewed as either an increase to the marginal income tax for individuals and families, or an elimination of deductions and credits. I don’t care which interpretation is more correct, it is clear that not passing this legislation would violate at least one, if not both of the points made in the Taxpayer Protection Pledge. In fact, Mr. Norquist already clarified his position on this matter when the Bush era tax cuts were set to expire that he does not support the allowance for in place tax cuts to expire because it would result in a tax increase for the American people. Here’s that video:  http://www.huffingtonpost.com/2011/07/21/grover-norquist-bush-tax-cuts-tax-hike_n_905624.html.

          I don’t know why nobody is mentioning this even if it is simply for the reason that it is hypocritical and it is always fun to catch politicians (and well publicized lobbyists) going back on what they previously stated. How do you think Jon Stewart makes a living? But also, how come Mr. Norquist only raised this issue when it was the tax breaks for the top 1% that were about to expire? Why did he support republican efforts to keep the Bush tax cuts in place, but he isn’t raising the issue now when taxes for everyone are about to increase and Republicans who signed his pledge are not supporting the extension of the payroll tax cuts?

          I don’t get it. I really don’t get it. Usually in this situation Norquist would be making ominous statements about how he will remind the voters which are constituents of these pledge signers, that their representatives are breaking the pledge. He says the pledge relates to all tax increases which relate to the American people. Here is a clip of him saying this: http://www.cbsnews.com/video/watch/?id=7388996n. So where is he now with ominous statements now that it’s Republicans who are going to let cuts expire for everybody?