Thread: Debt Limit
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      07-06-2011, 06:55 PM   #62
Tortfeasor 335xi
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Originally Posted by 11Series View Post
96% of Republican Congressmen have signed Grover Norquist's Taxpayer Protection Pledge that specifically BANS Republicans from removing tax loopholes and shelters. From Norquist's own website:

"Signing the Taxpayer Protection Pledge commits signers to oppose changes in tax deductions or credits that increase the net tax burden on Americans."

96% of Republican congressmen have sworn a pledge to OPPOSE closing tax loopholes.
Not quite. The key word there is "net." This means that they can't eliminate loopholes that increase people's tax burdens. But, they could eliminate loopholes if they also lower the overall tax rate. That could result in no net change, while still achieving tax reform.
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