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The pledge, the cliff, and closing loopholes

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“The pledge is not to me. It is to the voters,” Grover Norquist, 60 Minutes , August 26, 2012 The reelection of President Obama, the expiring Bush tax rates, and the Americans for Tax Reform “Taxpayer Protection Pledge” have all put Republicans into a tough spot. Obama wants to raise taxes, the expiring tax rates have made tax hikes inevitable, and The Pledge has bound Republicans...