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Monday, July 25, 2011

Taxes

News                                                                                                                             
Politico | A breakthrough on no-taxes pledge?
Norquist is essentially saying that any tax actions that don’t result in federal revenues exceeding the current law Congressional Budget Office baseline would not be deemed a tax increase — under his group’s pledge. This is a critically important clarification.

Econ Comments                                                                                                             
AEI | The Terminology of Taxation
Democrats have a tough time selling "revenue increases" to the public.