No New Taxes Pledge

The "No New Taxes" pledge is a commitment made by some politicians to voters that they will not propose or support increasing taxes or creating new ones if elected. It aims to appeal to taxpayers by promising to keep taxes stable and avoid placing additional financial burdens on individuals and businesses. While it reassures voters about tax stability, it can limit a politician's options for raising revenue needed for public services or budget balance, potentially leading to spending cuts or alternative revenue strategies.