December 16, 2011 | 8 comments
December 15, 2011 | 3 comments
December 15, 2011 | 0 comments
December 14, 2011 | 39 comments
December 14, 2011 | 4 comments
The Hill’s Michael O’Brien reports that Tom Coburn, one of the Republican members of the Senate “gang of six” working on a possible compromise deficit plan, suggested on Laura Ingraham’s radio show that “[t]here’s no plan to have a significant tax hike on anyone.”
Coburn appears to have confused the issue later in the interview, though:
The Oklahoma conservative suggested that the Gang of Six is examining a kind of tax reform similar to the type suggested by President Obama’s fiscal commission, in which marginal rates are lowered but many tax credits are eliminated from the code.
“Will some people pay increased taxes? I’m sure they will,” Coburn said of the resulting tax burden from such a plan.
This gets to the heart of the issue: Coburn doesn’t seem to think that reforming the tax code in such a way that revenues increase while rates decrease counts as a tax hike. Yet, according to Grover Norquist’s no-tax pledge (which Coburn has taken), that does constitute a tax hike.
Without further clarification, it looks like Coburn and the other two Republicans in the Gang of Six are still headed for a reckoning with the right.
UPDATE: And Grover Norquist “declares political war” on Coburn.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?