GROVER NORQUIST: ANALOGY KING…. Great, now Grover Norquist thinks a 10% difference on corporate tax rates is comparable to torture.
Earlier this month, National Journal’s John Maggs sat down with anti-tax crusader Grover Norquist to discuss the future of conservatism and the economy. Asked by Maggs about the tax cut proposals in President-elect Obama’s stimulus plan, Norquist said there was only one “real tax cut” in the plan, but that there are “two other tax cuts that the Democrats could do when they get stuck.”
Norquist then suggested expensing for all businesses and cutting the corporate rate, which he said in its current form is comparable to torture: “The other tax cut you could do is cutting the corporate rate. The U.S. corporate rate is 35 percent; the European rate is 25 percent. Obama is a more international guy, so we should be close to the European average. We’ll stop torturing people, we’ll stop torturing corporations, and that will make us more like Europe.”
This guy sure does have a way with analogies, doesn’t he?
Have I mentioned that Norquist remains a prominent and influential figure in Republican Party politics?