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Daily Media Spotlight--Financial Regulation, Tobacco Taxes, Out of Control Spending

From Douglas Kellogg
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Grover Norquist, President of Americans for Tax Reform:
"...These regulatory regimes inevitably become mechanisms to keep out competitors”
 
“‘Any problem of overspending that could be passed on to cigarettes could be fixed by just spending more wisely,’ Norquist said. ‘The problem with the tax increase isn’t just that it’s a tax increase, … it is that the tax is what you did instead of reforming state government.’”
 
“Today's breakfast was done in conjunction with yesterday's press conference that featured Jonathan Williams, the Institute's Kristina Rasmussen, and Grover Norquist, President of Americans for Tax Reform. All three spoke about the tax hikes proposed by Governor Quinn and the negative impact it would have on the state's economic growth.”
 
Norquist, head of Americans for Tax Reform, has never seen spending become a vote-moving issue. ‘When ‘spend too much’ becomes inflation or tax increases, then you’ve got a fight,’ he said.
But he sees signs that this is changing. Sen. Arlen Specter (D-Pa.) left the GOP after his vote for the $787 billion stimulus was so unpopular with Republicans that he became convinced he could not win the 2010 GOP primary.
Then the April 15 tax-protest tea parties drew hundreds of thousands across the country. ‘We couldn’t put 600,000 people at 600 rallies four months into Clinton, or four months into Carter,’ Norquist said.
‘The big thing that changed in the last year or so is spending, which in the 20 years that I’ve been involved in politics I could never turn into a vote-moving issue,’ he concluded.”

Permalink | Email | Print | Tags: TAXES, GROVER, SPENDING, Illinois

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Comments

Financial regulations and regimes don't protect the low-income man. They rob him. The Obama tax hikes, particularly on cigarettes, disproportionately charges the low-income individual. Only by cutting taxes and restoring personal liberty will people truly be able to prosper.
>> Conservative Tom Friday, June 19, 2009 12:23 PM

Personal liberty is a myth invented by anarchists who refuse to acknowledge the need for governance. Cutting taxes have brought America to the verge of bankruptcy. What we witnessed during bushco was STARVE THE BEAST being implemented. The result of such misguided policy is that the dollar has sunk and America's primary banker, China, is now trying to implement a drop the dollar scheme with other Asians countries such as Russia and India. If this scheme succeeds the dollar will become worthless and America will be bankrupt. And all because some misguided fools believed tax cuts would solve all problems in society.
>> Bartok Sunday, June 21, 2009 9:22 PM

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