Tuesday, December 7, 2010

tentative tax deal between POTUS & GOP is “a much bigger victory than people see” for the Republicans #p2 #gop #tcot

from http://www.nationalreview.com/corner/254638/norquist-tax-deal-andrew-stiles

Grover Norquist, president of Americans for Tax Reform, tells National Review Online that a tentative tax deal between President Obama and the GOP is "a much bigger victory than people see" for the Republicans.

Of course the deal isn't perfect, Norquist says. He would have preferred a permanent extension of the income-tax rates, as opposed to just two years, but thinks Republicans should be thrilled at the prospect of revisiting the tax debate in 2012, when Obama is up for reelection, especially when the agreed-upon extension of jobless benefits will ensure that the unemployment rate remains artificially high.

According to Norquist, this GOP victory is really a failure on the part of Democrats, who had every opportunity to extend most of the Bush tax rates (and to take the political credit). Their failure to do so not only exposes the party's ideological commitment to higher taxes, but puts them on poor footing politically. "Look at the last four years," he says. "They never intended to extend the rates for anyone, or they'd have done it by now."



rest at http://www.nationalreview.com/corner/254638/norquist-tax-deal-andrew-stiles

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