No-New Taxes Stance Challenges Republicans

Sunday, 23 Dec 2012 02:01 PM

By Sandy Fitzgerald

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Congressional Republicans haven’t voted for higher income taxes since 1990, and when conservatives didn’t back House Speaker John Boehner’s “Plan B” last week, many people said it was a continuation of the party’s stance against income tax hikes.

The GOP stand against taxes, though, is becoming a challenge to the party, as public opinion is strongly supporting tax increases on people with higher incomes, reports The New York Times. In addition, while Republicans continue to embrace no-new-taxes as a major part of party identity, some Republicans think the commitment to prevent tax increases is hindering fiscal responsibility.

Today’s economy echoes that of 1990, when President George H.W. Bush agreed to break his no-new-taxes pledge because he was convinced the government needed to balance its books, and Democrats didn’t want to cut spending.

“When I entered politics, the frame of reference was a balanced budget as the principal conservative precept,” said former Rep. James Leach. The Iowa Republican, who served from 1977 to 2007, said today, it’s taxes.

To maintain that commitment, though, Republicans will need to decide how to reduce federal spending, which is projected to grow quickly as the country’s population ages.









© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Ed Schultz: Work Permits for Illegals Would Be 'Death' for Dems

Wednesday, 30 Jul 2014 23:05 PM

Liberal MSNBC host Ed Schultz warns that it will be "an electoral death knell for the Democrats" if President Barack Oba . . .

Low Voter Turnout in Primaries Has Dems Especially Worried

Wednesday, 30 Jul 2014 20:37 PM

Sharp declines in voter turnout for primaries in 25 states have both parties worried, but the situation is dire for Demo . . .

Quinnipiac Poll: Kasich Maintains Double-Digit Lead in Ohio

Wednesday, 30 Jul 2014 16:10 PM

With less than 100 days to go until the Nov. 4 election, Ohio looks like a shoo-in to remain in the Republican column wh . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved