Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

cthulu2016

(10,960 posts)
Tue Aug 21, 2012, 02:20 AM Aug 2012

Does Grover Norquist allow eliminating Deductions?

The entire Romney (secret) tax plan is to cut taxes on the rich by a staggering amount, but to make it revenue neutral by off-setting the cuts with reductions in deductions that are too secret to talk about.

Leaving aside that it's a lie, does Grover Norquist allow eliminating deductions... particularly deductions totaling trillions of dollars over ten years?

Sounds like a tax increase to me.

And if the cuts precede the off-setting elimination of deductions (as seems to be Romney's plan) then when we get to eliminating deductions they will surely be a tax increase. (They will raise taxes above the status quo, which would be the Romney tax-cut.)

6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Does Grover Norquist allow eliminating Deductions? (Original Post) cthulu2016 Aug 2012 OP
Only if offset by a corresponding rate decrease jberryhill Aug 2012 #1
Actually, I don't think he'll do that... Jeff In Milwaukee Aug 2012 #4
You mean that is the only secret? oldsarge54 Aug 2012 #2
he got after an R senator about closing loop holes justabob Aug 2012 #3
A "plan" that doesn't discuss closing specific loopholes is just another tax cut. reformist2 Aug 2012 #5
I'm quite certain old Grover would be all for eliminating some tax deductions Bettie Aug 2012 #6
 

jberryhill

(62,444 posts)
1. Only if offset by a corresponding rate decrease
Tue Aug 21, 2012, 02:22 AM
Aug 2012

As I understand it, any change must be revenue neutral.

Jeff In Milwaukee

(13,992 posts)
4. Actually, I don't think he'll do that...
Tue Aug 21, 2012, 08:17 AM
Aug 2012

Norquist doesn't care about revenue neutral (he's sort of opposed to it, really). He wants to shrink federal revenues overall. He's said that his organization (which is Grover and a fax machine) don't look at individual taxes, just the aggregate rate.

oldsarge54

(582 posts)
2. You mean that is the only secret?
Tue Aug 21, 2012, 07:17 AM
Aug 2012

I'd like to know what the Republican replacement for the ACA is. I'd like to know who are those donors behind closed doors and what are they being promised. What is the plan to fix the border? No one yet has revealed what specific agencies and regulations are on the Republican hit list.

reformist2

(9,841 posts)
5. A "plan" that doesn't discuss closing specific loopholes is just another tax cut.
Tue Aug 21, 2012, 08:21 AM
Aug 2012

This needs to be a bigger campaign issue - if the deficit is such a big deal (and it is), Romney needs to show exactly how his "tax plan" will reduce the deficit.

Bettie

(16,110 posts)
6. I'm quite certain old Grover would be all for eliminating some tax deductions
Tue Aug 21, 2012, 08:24 AM
Aug 2012

You know, the ones that benefit middle class people, like mortgage interest if it gets him and his buddies ahead.

I really wonder why people in congress are making pledges to this guy, instead of serving their constituents.

Latest Discussions»General Discussion»Does Grover Norquist allo...