General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"This is progress, making 84 percent of the Bush tax cuts permanent.” - Grover Norquist
Not having read it all, Im not endorsing it. But right now, as explained, it doesnt violate the pledge, Norquist said. We need to go back and at the end of the day make sure that the tax cuts are made permanent for everybody, but thats a fight for the weeks and months to come. This is progress, making 84 percent of the Bush tax cuts permanent.
If you were a Senator, youd vote for it? Blitzer asked.
Yes, Norquist said.
Read more: http://www.politico.com/story/2012/12/grover-tax-rates-wont-increase-85603.html#ixzz2GgXjDxdW
flamingdem
(40,887 posts)Champion Jack
(5,378 posts)NYC Liberal
(20,453 posts)Protalker
(418 posts)It is like trying to nail jello to the wall. Take away wordsmithing he is losing his grip. Funny his idol Reagan had to raise taxes.
alcibiades_mystery
(36,437 posts)He wanted 100% of the tax cuts made "permanent." Obama wanted 80% made "permanent." It got negotiated to 84%. He lost, he knows it, and this is putting the bravest face on it.
Summer Hathaway
(2,770 posts)ellisonz
(27,776 posts)Dirty Socialist
(3,252 posts)BlueStreak
(8,377 posts)They strategy is to lock us into a structural deficit and never agree to any tax increases. That means the only option is to cut government programs, and that means the safety net, education and lot of things we value.
Not a single penny of the Bush tax cuts should be made permanent because that just GUARANTEES that we will always run a deficit.
The right strategy was what the Senate passed earlier this year -- a one-year extension of the Bush tax cuts for incomes up to $250,000. As the economy improves, the rest of the Bush tax cuts could be allowed to expire, and that would put us back into a balance or surplus. And that, in turn, would make it impossible for the GOP to keep whacking at our programs.