Hovde's absolutely right about this.
In explaining his opposition to the pledge to Green Bay conservative radio talk show host Jerry Bader, Hovde argued, as have many liberals, that Norquist’s pledge simply protects the status quo, in which politically connected corporations carve out giant loopholes in the tax code. When anybody attempts to close those loopholes, Norquist brands them as “tax hikers.”How much does big business spend annually on lobbyists and campaign contributions just to game the system in their favor and against their competitors, screwing individuals and small businesses in the process?
“Behind the story with Grover Norquist is he’s funded by giant corporations that have created loopholes in our tax system,” said Hovde. “We need to lower the rates, but we also have to get rid of the corporate welfare. How is a small business going to compete if they’re trying to compete against General Electric, that in some years, pays nothing because they can buy off Washington politicians?”
If Hovde said this and nothing but this, he'd be a badly needed voice in a Senate caucus filled with pretend conservatives who are all too happy to do the bidding of their corporate overlords.