Don't you read the newspapers or watch TV??
Grover Norquist promised funding for Republican Candidates if they signed on to a pledge to oppose any increase in any and all taxes. I believe he started it during the Bush Administration, but it was definitely in place before 2008. It was one of the reasons for Republican intransigeance over the extension of the Bush tax cuts.
As I understand it governs whatever Grover in his Garbage Pail believes is a tax at the Federal level, which is just about anything, including taxes reduced for short term grace periods, like Bush's. It is directed at the American People who need to get Revenues back to where they were in the Clinton era or higher in order to dig the US out of the Bush deficit, and the Bush Wall Street Crash, or if you don't like that phrasing, the deficit and massive fiscal crisis which the President inherited from his pre-decessor. Need confirmation that it was Bush's fault? Bush passed the early parts of Tarp to try and keep some businesses solvent. I guess that means it's also against the Democratic Party who is charged with trying to rectify this ludicrous situation.
Rob
Was this reply helpful? (0) (0)
Staff pick