[T}oday’s GOP adheres to a “no new taxes” orthodoxy that has proved far more powerful than the desire to balance the budget. *** This orthodoxy is now woven so deeply into the party’s identity that all but 13 of 288 GOP lawmakers in Congress have signed a formal pledge not to raise taxes. The strategist who invented the pledge, Grover G. Norquist, compares it to a brand, like Coca-Cola, built on “quality control” so that Republican voters know they will get “the same thing every time.”My heart loves the brand's unique selling proposition: "Things Go Better With
Tuesday, June 07, 2011
“Buy Republican! More Fat Cats, Less Taxes!”
Among GOP, anti-tax orthodoxy runs deep, reports The Washington Post:
Coke Low Taxes." My head knows effective tax rates will be hiked anyway, perhaps via "tax reform." Reason: The U.S. Treasury needs the money. And the money would start to flow immediately, as taxpayers hurry to accelerate bonuses and realize gains before low rates vanish.
Posted by JLM at 10:26 AM