Posts tagged ‘Norquist’

June 26, 2012

Daily Scoop Xtra: States Lacking Income Tax Get No Boost in Growth

In the wake of the Norquist “No Tax” Pledge, the gridlock caused in Congress over raising taxes in any form and attempts by many Republican-controlled state legislatures to further reduce state taxes to spur growth, a new study finds how misguided supply-side economics is during times of economic recovery.

BLOOMBERG- Governors seeking to expand their economies by eliminating income taxes find little support for the idea in the record of U.S. states that lack such a levy.

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June 24, 2012

The Daily Scoop: Norquist delivers GOP’s marching orders

With all the Right’s hoopla over the President’s “czars” it’s curious how the current Republican Party has opted for their own unelected leader, Grover Norquist.

By Dana Milbank | The Washington Post

All hail Grover Norquist!Bow down, Lindsey Graham. The Republican senator from South Carolina dared to say he might consider supporting a tax increase — but then Norquist paid him a visit on Wednesday. “Every once in a while you have somebody with an impure thought like Lindsey Graham,” Norquist told me. But after their talk, Norquist could report that “Graham will never vote for a tax increase.”

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April 29, 2012

The Daily Scoop: Is this the rise of the Norquistian GOP?

Amidst the hard shifts within the Grand Old Party building from the 1994 “Contract With America” midterm victories and culminating with the 2010 Tea Party inspired gains  are we bearing witness to the rise of the Norquistian Republicans? Fueled by a massive economic crisis the smoldering flames ignited, spreading with full force through cable commentary networks and across the conservative blogosphere, this new crop of highly conservative Republicans roared into the federal legislature on a mission to wrangle control out of a demonized “big government’s” hands. It seems the old GOP guard is being led by the tail, pulling them into long forgotten realms of extremism. The article here lays open the author’s interpretation of the madness into which the Republican Party has apparently fallen.

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December 6, 2011

The Daily Scoop: OECD report cites increasing income inequality in U.S.

This current Organization for Economic Cooperation and Development (OECD) report along with the Congressional Budget Office’s report examining income gaps in the U.S. strains the credibility of the Republican Party’s and Grover Norquist’s anti-tax political stance. These two reports challenge the viability of such policies which benefit the highest income brackets and the adherence to the “no taxes on the job creators” platform.

Income inequality in the United States is rising and is now greater than in all developed countries other than Chile, Mexico and Turkey, according to a new report.

The report released Monday by the Organization for Economic Cooperation and Development indicates that income inequality has increased in almost every developed country in the last 30 years, and has continued to rise since the global financial crisis. Among the few countries where inequality has decreased in the last 30 years are Ireland, France, Greece and Turkey.

In the United States, the average income among the richest 10% is 14 times greater than the average income among the poorest 10%, up from a 10 to 1 ratio in the 1980s. The countries where the ratio between the incomes of the top 10% and the bottom 10% is the lowest — around 5 to 1 — are Denmark, the Czech Republic, Belgium and Norway.
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