Yesterday in answer to a Quin Hillyer post on Newt Gingrich and
Senator Tom Coburn I referenced
his cite of a posting from Jim Geraghty over at National Review
Online.
This has drawn a direct response from Senator Coburn’s
office in the form of the following e-mail from Coburn aide John
Hart. We aren’t the mainstream media here….we want Dr.
Coburn, for whom we have great respect, to have his response in
full. Here it is.
Jeffrey,
I hope you are well. I read your interesting post on Newt.
You claim that Dr. Coburn has proposed a $1 trillion tax increase.
That is false. Dr. Coburn, like most free market conservatives who
are not lobbyists, believes the best tax reform is reform that
lowers rates and broadens the base. The plan Grover Norquist was
referring to was a $9 trillion deficit reduction proposal called
Back in Black. Depicting one of the most-detailed spending cut
plans ever released as a “tax increase” proposal is ludicrous and
undermines the conservative effort to cut spending and reduce the
size of government. Remember, Mr. Norquist believes eliminating
spending hidden in the tax code, even Obama stimulus spending, is a
tax increase. Most free-market conservatives reject that argument.
Defending tax earmarks for ethanol producers and Hollywood movie
producers, as Mr. Norquist has done, is the tax increase position.
Tax earmarks keep rates artificially high and are a de facto tax
increase on everyone who doesn’t receive the
benefit.
Back in Black: http://www.coburn.senate.gov/public/?p=deficit-reduction
Best,
John
JmsA| 1.26.12 @ 10:57AM
Didn't the good doctor pal around with the One? Just asking.
Dai Alanye | 1.26.12 @ 12:15PM
Norquist is generally on the right side, but his scoring of subsidy removal as a tax increase is plain kooky.
BullPasture | 1.27.12 @ 3:16PM
If there is a tax subsidy that is eliminated the increased revenue should be offset but cuts elsewhere. Otherwise it IS an effective tax increase. The fed needs not one more cent!
Fred| 1.28.12 @ 1:02PM
Every tax subsidy (i.e., gift) comes via either a loan from China or currency inflation. Both reduce the standard of living of every American who is not a beneficiary of the tax subsidy. Eliminating all such subsidies should be the goal.
In the case of the ethanol subsidy, not only do taxpayers suffer qua taxpayers, but they suffer when the price of corn falls to an artificially low level because of the negative health effects of the boost to corn consumption: http://www.dailyfinance.com/20.....s-fatter/.
Once again, freedom is simply the best option.
BD57| 1.26.12 @ 12:22PM
Bottom line - the first purpose of the tax code should be to raise the revenue required to fund the proper purposes of government, period.
albert constantine jr| 1.26.12 @ 5:19PM
I thought the Obama (and Chicago, for that matter) approach is that the purpose of the tax code (and most of government, as well) is to punish your enemies and reward your friends.
Fred| 1.28.12 @ 1:03PM
Tom Coburn: knowledgeable, intelligent, experienced, principled, consistently conservative. Clearly, he's not one of the "Big Three."