That depends on the tautologies one reduces to, doesn’t it? If I interpret one way and use the semantically correct synonyms that agree with my own interpretation, then my only sin would be misunderstanding the intent of the author and not erasing the subtleties of the authors own words.
The latter would occur anyway (probably) even if I use exact quotes from the author, if I am adept enough to provide sufficient context to my own different interpretation. Different from the author’s that is.
Then there is the The Death of the Author.