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Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
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"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
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Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
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Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
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Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
May 13, 2013 02:01 PM
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9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
May 13, 2013 01:30 PM
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.@GroverNorquist on MFA: "[The Senate] didn't ask all of the questions that needed to be asked": http://t.co/wXfkIR2Ca9 #NoNetTax
May 13, 2013 01:01 PM
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"When architects of #Obamacare are worried about it creating a trainwreck, you know something's gone terribly wrong": http://t.co/J6dfnKqFYZ
May 13, 2013 12:30 PM
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Conservative and Free Market Groups Applaud Move to Delay a Vote on Gina McCarthy: http://t.co/lNQYmJAB12 #EPA
May 13, 2013 12:02 PM
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The #Obamacare train wreck will derail the American economy: http://t.co/opFkyf1guJ
May 13, 2013 11:30 AM
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Abortion Defunding Bill (H.R. 3)
Is Not a Net Tax Hike
There was much confusion yesterday in the tax and pro-life world courtesy of a story in Bloomberg on taxes in H.R. 3, the "No Taxpayer Funding for Abortion Act." This inflammatory article incorrectly reported that there is a conflict between the pro-life movement and taxpayer advocates because H.R. 3 is a net tax hike.
The facts simply don't bear that out.
The official score on H.R. 3 was produced by the Congressional Budget Office. CBO says that H.R. 3 has "negligible effects on tax revenue." In budget scoring-talk, that's synonymous with saying a bill has a $0 net tax effect. Because a bill which has no net tax effect cannot possibly be a tax hike, H.R. 3 is perfectly-acceptable to taxpayer advocate conservatives, and there certainly is no danger of the bill running afoul of the Taxpayer Protection Pledge. The bill cuts spending and doesn't raise net taxes, so it's ideal fiscal policy.
ATR sent a letter of clarification to the Ways and Means Committee stating this obvious series of facts. We have also communicated our displeasure with the yellow journalism practiced by Bloomberg in this matter, a media outlet which is normally totally professional and reasonable. ATR President Grover Norquist today Tweeted that Bloomberg "screwed up" in their reporting of the story.
The fact is, no conflict exists between ATR and the pro-life movement. We've been working with them from the beginning to ensure that H.R. 3 is Pledge-compliant, which it is and always has been. We will continue to work amicably with any Congressional office to make sure their bills are not net tax hikes and are Pledge-compliant.
Posted by Ryan Ellis 
on Thursday, March 17, 2011 12:23 PM EDT
on Thursday, March 17, 2011 12:23 PM EDTTo follow Ryan Ellis's RSS feed click here. To follow them on Twitter, their handle is @ryanlellis
