GOP and taxes: Republicans shifting their stance - latimes.com

GOP and taxes: Republicans shifting their stance - latimes.com: "Reporting from Washington— One of the most treasured tenets of the Republican Party — 'No new taxes' — has been thrown open to debate by a simple question: What, exactly, is a new tax? The answer, argues Grover Norquist, the godfather of contemporary anti-tax conservatism in Washington, is anything that increases federal revenue. Thus, closing loopholes that have allowed corporate giants and millionaires to slice away at their tax bills would constitute an unacceptable new tax — unless a comparable tax cut is made elsewhere."