Will the Tax Issue Bite Democrats?

It may be the only weapon Republicans have.

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Greg Valliere, politics guru at Stanford Research here in Washington, D.C., tries hard to come up with a scenario where Hillary Clinton does not end up as our 44th president. Here is one of his scenarios:

We have written extensively this fall about the Great Tax Hike of 2009. Even a Republican president is going to be forced into tax hikes because Democrats in Congress will threaten to let all the Bush tax cuts expire in 2010. But Sen. Clinton would move immediately to raise a wide range of taxes—the top rate, capital gains, dividends, etc. A preview from House Ways and Means Committee Chairman Charles Rangel (D-N.Y.) was a chilling reminder of the Democrats' fervor to raise taxes—and despite polls showing the public favors higher taxes on "the wealthy," this issue could become an albatross for Clinton.

TAGS:
Clinton, Hillary
taxes
federal taxes
Democratic Party

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