Grover Norquist bends on tax issue

The anti-tax advocate is giving Republicans a pass on legislation that would end up raising taxes for those making more than $1 million a year.

By Kim Peterson Dec 19, 2012 5:22PM
Credit: JIM WATSON/AFP/Getty Images
Caption: Founder of Americans for Tax Reform Grover NorquistAnti-tax stalwart Grover Norquist is squirming a bit, and you can't blame him. After two decades of hammering away on taxes and getting Republicans to fall in line, he's facing inevitable tax increases of some sort.

And so Norquist has had somewhat of a change of heart, saying Wednesday that he's OK with House Speaker John Boehner's "Plan B" legislation that would raise taxes on people earning at least $1 million a year.

"ATR will not consider a vote for this measure a violation of the Taxpayer Protection Pledge," Norquist's group, Americans for Tax Reform, wrote on its website Wednesday.

Norquist says that Republicans voting for the legislation that would raise taxes on millionaires are actually sticking with the pledge they made to oppose all efforts to increase the marginal income tax rate. The Taxpayer Protection Pledge is Norquist's signature effort; he has persuaded nearly all Congressional Republicans to make it.

The issue here is largely semantics. Boehner's Plan B proposal would continue the current tax cuts for all but the wealthiest Americans. Norquist is happy with continued tax breaks. But he doesn't say anything about the other side of the coin here, which is that people making more than $1 million could see their tax rates increase.

More from Money Now



Tags: Politics
47Comments
Dec 23, 2012 3:20PM
avatar
So this is the great piss ant that is holding the GOP hostage ??? LOL I thought the GOP had more guts than that ... What a bunch of WIMPS...
Dec 21, 2012 12:43AM
avatar
Wow, the main man from the GOP is bending on his promise to protect millionaires from being taxed while they put the ax to public programs for children?  Anyone want to guess how this would have went if Romney had been elected?
Dec 20, 2012 8:14PM
avatar
Grover  should  not have any elected official promising to do any thing .The politians duty is to their electorate not to a K street lobbist .
Dec 20, 2012 7:49PM
avatar
Why do we continue to give  Grover Norguist ANY time or attention? He is such a BULLY!! Clearly he loves the power the GOP has given him. What a coward!!!  Come out from your safe & secure position & try running for an elected position or are you content to sit back setting agenda you coward. You are a control freak bully!!! Remember; "All glory is fleeting".
Dec 20, 2012 5:46PM
avatar
So who elected Norquist to ANYTHING, and why is his name even being mentioned in the same article as those of elected officials?  And why should anyone care if any elected official goes against a pledge he or she made several years ago when fiscal conditions were different than they are today.

It seems like Grover Norquist is the political equivalent of the Kardashians of Paris Hilton, famous for being famous, but not contributing anything meaningful or lasting to the topic at hand.

The MSM would do well to ignore him and return him to the oblivion he so richly deserves.  And btw, I'm registered Republican and I think the answer is a combination of cutting and raising taxes.  Neither cut spending nor raising taxes  will, by themselves, get out of this mess that Congress has spent us into.

Dec 20, 2012 5:31PM
avatar
Exactly who are these Americans that he represents, other than himself? He's just a self promoting fascist. 
Dec 20, 2012 5:07PM
avatar

I want to know how this man Grover Norquist can control our whole country

hostage to his agenda which he says was done at the request of then-President

Ronald Reagan. Our lives have change since that time. This man is no different than

the man in the waco compound David Koresh Branch Davidian complex. In America

we are free and this man took that from the people who signed that paper. He is like a

Hitler in United State of America.

avatar
Norquist is a has been.  He was bad for America.
Dec 20, 2012 2:20PM
avatar
Right, Norquist should not be holding any elected member of congress hostage over a pledge, we all want taxes to not go up or better yet, to go down, and the Federal govt should cut spending, I think that goes without saying, but Norquist should not be any factor in what our elected officials do, they need to use their own judgement. If I was a Republican, I would be embarrassed by that type of influence. 
Dec 19, 2012 10:02PM
avatar
Exetremist are road block for anything, including politics.  Little will be accomplished with Norquist's influence.  It will "be the same-old, same-old!"
Dec 19, 2012 9:07PM
avatar

Why was the middle class set up to take a fall?

The fiscal cliff should have been set up to increase rich taxes 99.9%, not increase middle class taxes.

Boehner Bama set this antiAmerican "fix".

Dec 19, 2012 8:38PM
avatar
can't we just get this s**t over & done with!!!
Dec 19, 2012 8:37PM
avatar

I hope these comments are read before congress asap!

Dec 19, 2012 8:29PM
Dec 19, 2012 8:25PM
avatar
May God help our political system when light weight hypocrites such as Grover are taken seriously.
Dec 19, 2012 8:24PM
avatar
So the story is that if Norquist allows it then it shall be?
Dec 19, 2012 8:18PM
avatar

Thou shalt not covet thy neighbor's wife, except if she is really hot and you have blue balls...

 

And to think several hundred of our top leaders (Republicans in Congress) have pledged to honor the situational ethics of this guy?  Amazing. Even more amazing that we keep re-electing these same people, again and again. (but that's our own fault!)

Dec 19, 2012 8:18PM
avatar
He's not my congressman - is he yours?  No?  Well then, Grover, STFU.
Dec 19, 2012 7:48PM
avatar
Who elected Pope Norquist to be the arbiter of the Nation's finances?  He should be relegated to the ash heap of history right beside Carl Marx.
Dec 19, 2012 7:44PM
avatar
HE WOULD BE TARED AND FEATHERED OUT OF BOSTON IF NOT HUNG
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Trending NOW

What’s this?

MARKET UPDATE

[BRIEFING.COM] The stock market finished a down week on a cautious note with small caps leading the retreat. The Russell 2000 lost 0.5%, widening its weekly decline to 2.6%, while the S&P 500 shed 0.3%. The benchmark index ended the week lower by 2.7%.

This morning, the market was provided a basis to rebound with the July employment report, which was just right for the policy doves (209K versus Briefing.com consensus 220K). It showed payroll growth that was weaker than expected, ... More

MSN MONEY'S