Posts Tagged ‘Grover Norquist’

Tax-Free Olympic Boodle is Gold Medal Stupidity

President Obama and conservative GOP senator Marco Rubio (R-FL) agree: Olympic medals and the cash awards that go with them should be tax-exempt. This is the dumbest idea of the summer—and in our overheated campaign season, that’s saying something. The idea seems to have originated with anti-tax advocate Grover Norquist. Rubio instantly turned Norquist’s press […]

How a Delay in the Debt Limit Will Change America’s Fiscal Politics

By now, you know the great taxmageddon story: At the end of the year, a lame duck Congress and a new or newly re-elected president will face the confluence of three extraordinary challenges—the 2001/2003/2010 tax cuts expire, the automatic spending cuts adopted in 2010 begin to bite, and the Treasury loses its ability to borrow […]

The GOP, Ethanol, and the No-Tax Pledge

A majority of Senate Republicans yesterday took a symbolic but hugely important vote to eliminate $6 billion in tax subsidies for the production of ethanol.  And, so far at least, they have not turned into pumpkins. The symbolism of their vote should not be underestimated. In a small but important way, 34 GOP senators proved to […]