How Democrats and Republicans Differ: Taxes
Remember the innocent days of 2000 when, during the uninspiring Bush v. Gore presidential campaign, people actually argued that there weren't major differences between the ...
Remember the innocent days of 2000 when, during the uninspiring Bush v. Gore presidential campaign, people actually argued that there weren't major differences between the Democratic and Republican parties? Once in a while someone will still make this argument (and on certain subjects there's a measure of truth to it), but far more people today would say that Democrats and Republicans disagree on everything than disagree on nothing.
While the parties don't disagree on everything, they do disagree on taxes. The National Association of State Budget Officers released a report (large PDF) recently documenting tax rate changes for Fiscal Year 2010. A dozen states raised personal income tax rates: California, Connecticut, Delaware, Hawaii, Minnesota, New Jersey, New York, North Carolina, Oregon, Rhode Island, Vermont and Wisconsin.
What do those states have in common? In every single one, both houses of the legislature are controlled by Democrats.
By the way, if you wanted to be really cynical you might say that there aren't major differences between the Democratic and Republican parties and that they disagree on everything.
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
The Week in Public Finance: Taxes, Drought and a Nod to the Baha Men2 days ago
How Data Can Improve Transit Efficiency2 days ago
Fresno Deputy Police Chief Arrested on Drug Charges2 days ago
States Trying to Figure Out Whether Entertainment Tax Credits Really Work2 days ago
Chris Christie Rails Against Estate Taxes New Jersey Needs2 days ago
Public Defender: San Francisco Jail Guards Forced Inmates to Fight Each Other2 days ago