June's Inflation Relief Was a Peace Dividend
Mamdani Is Fundamentally Reimagining Violence
Why the Left Hates Jews and Christians
The Lure of Cheating the Government Without Penalty
Further Proof That Climate Cataclysms Are Just Fearmongering
Private Equity Didn't Kill the Patient
Brightline Is a Boondoggle—Secretary Duffy Must Not Give It Another Bailout
When Friends Stand Together
Indian Americans Are Proud to Be Part of America’s 250-Year Story
Democrats Search for Graham Platner’s Runner-Up
Taxing the Wealthy Can’t Fund Social Security Into Solvency
California Makes Everyone Else Pay for Its Climate Goals With $2.2 Billion Port...
Gang Member's Instagram Cash Flexes Unravel $2.8M Fraud Ring
Third Circuit Spikes New Jersey Ban on 'Assault Firearms' and Large Capacity Magazines
Everything Went Wrong for James Talarico This Week After His Epstein-Tied Backer Was...
OPINION

GOP shifting on anti-tax policy

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
GOP shifting on anti-tax policy
Reporting from Washington— One of the most treasured tenets of the Republican Party — "No new taxes" — has been thrown open to debate by a simple question: What, exactly, is a new tax?
Advertisement

The answer, argues Grover Norquist, the godfather of contemporary anti-tax conservatism in Washington, is anything that increases federal revenue. Thus, closing loopholes that have allowed corporate giants and millionaires to slice away at their tax bills would constitute an unacceptable new tax — unless a comparable tax cut is made elsewhere.

But other views are emerging. Worried about the nation's treacherous deficits, some in the GOP say that stanching the $1 trillion lost each year to individual and corporate deductions and breaks is vital to the nation's fiscal health.

The schism has launched an epochal battle for the fiscal soul of the GOP, a party that has steadfastly followed the "no new taxes" credo for a generation.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement