Well, certainly the Democrats have been arguing to raise the capital gains tax on all Americans. Obama says he wants to do that. That would slow down economic growth. It's not necessarily helpful to the economy. Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged.

[citation needed]John Fund of the Wall Street Journal dubbed Norquist "the Grand Central Station" of conservatism and told The Nation: "It's not disputable" that Norquist was the key to the Bush campaign's surprising level of support from movement conservatives in 2000. Working with eventual Speaker Newt Gingrich Norquist was one of the co-authors of the 1994 Contract with America and helped to rally grassroots efforts which Norquist later chronicled in his book Rock the House. I just want to shrink it down to the size where we can drown it in the bathtub.

He is known as the promoter of the "Taxpayer Protection Pledge" which prior to the November 2012 election was signed by 95% of all Republican Members of Congress and all but one of the candidates running for the 2012 Republican presidential nomination to oppose increases in marginal income tax rates for individuals and businesses as well as net reductions or eliminations of deductions and credits without a matching reduced tax rate. Grover Glenn Norquist (born October 19 1956) is a conservative libertarian and founder and president of Americans for Tax Reform.