The Taxpayer Protection Pledge is a one-sentence written commitment by members of the House and Senate to their constituents that they will oppose and vote against any and all efforts to increase total taxes. No net tax increase. Tax reform — reducing tax credits, deductions and/or exemptions in return for reducing marginal tax rates so that the change is not a net tax hike — is not only consistent with the pledge but was the original and continuing purpose of the Taxpayer Protection Pledge.
The best defense I’ve read of Norquist’s Pledge. Although I’m not a fan of the plan – too rigid, and politicians should be making ZERO inviolable pledges to special interest groups – he does make a valid point. Unless its arm is painfully twisted behind its back, Congress does seem incapable of fiscal responsibility. That being said, unless the recent attempts at balancing our ledgers are the start of larger things to come – addressing entitlements – the pledge won’t do much.