2012: The Year Grover Norquist’s ‘Tax Pledge’ Died

It appears the Grover Norquist “tax pledge” is losing it’s grip on the Republican Party.

More and more Republicans are saying they do not feel bound to Grover Norquist’s “Americans for Tax Reform” pledge. However, until at least one Republican votes for a tax increase, I’ll remain skeptical. What is indisputable is that Norquist and Republicans have no bargaining power in this debate. All tax cuts will expire at the end of the year. If President Obama and Democrats hold their ground, Republicans will either accept a deal that includes a tax increase on the rich while keeping tax cuts in place for the middle class, or they will allow all tax cuts to expire. It’s their choice.

Indeed, 2012 looks to be the year Grover Norquist’s tax pledge died.

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