Today, multiple high-ranking Republicans announced that they were willing to raise taxes as part of a deal to avoid the “fiscal cliff,” breaking the pledges they had made to Grover Norquist’s Americans for Tax Reform. Said Sen. Lindsay Graham (R-SC) on ABC’s This Week with George Stephanopoulos:
"I agree with Grover, we shouldn’t raise rates, but I think Grover is wrong when it comes to we can’t cap deductions and buy down debt. What do you do with the money? I want to buy down debt and cut rates to create jobs, but I will violate the pledge, long story short, for the good of the country, only if Democrats will do entitlement reform."
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Remember the backlash Bush 41 got for breaking his "No New Taxes" pledge? He lost the election over it. That was nothing compared to what the GOP will receive if they cave on taxes now.
As I have said before, if the Republican Party continues to moderate, it will destroy the party.
The Conservative Base will leave the GOP, and the party will go the way of the Whigs.
-- Political Pistachio Conservative News and Commentary
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