http://www.rawstory.com/rawreplay/2011/07/norquist-letting-tax-cuts-expire-does-not-violate-anti-tax-pledge/ Posted on 07.21.11
By David Edwards
Categories: Biz/Money, Featured
A loophole in Americans for Tax Reform’s anti-tax pledge may give the 235 House Republicans and 41 Senate Republicans who signed it a way to raise revenues without breaking the rules.
Pledge author Grover Norquist told The Washington Post editorial board that allowing the Bush-era tax cuts to expire would not violate the vow.
“Not continuing a tax cut is not technically a tax increase,” Norquist said.
“So it doesn’t violate the pledge?” the editorial board asked.
“We wouldn’t hold it that way,” he replied.
In an interview with MSNBC’s Chris Jansing Thursday, Norquist was clear that Americans for Tax Reform would oppose letting tax cuts expire even if that would not technically violate the pledge.
“It clearly would be a dramatic increase on taxes,” Norquist said. “How you get into CBO scoring and technicalities is a different issue in terms of taxes lapsing.”