Tuesday, August 3, 2010

Democrats and Taxes

Howard Metzenbaum, the former Ohio senator and liberal supporter of the death tax, chose to change his official residence to Florida just before he died because Florida does not have an estate tax while Ohio does. (Arthur Laffer, WSJ, 8/2/10)

In fact, the bill went down for lack of Democratic votes, in particular those from Midwest coal and manufacturing states. Voters in those states have figured out that cap and tax is a redistributionist exercise from the carbon-dependent heartland to the richer coasts. A Democrat—Jay Rockefeller of West Virginia—is also leading the charge to repeal the EPA's climate "endangerment" regulation that imposes cap and trade though the backdoor. (WSJ, 8/2/10)


Of course, other notable Democrats who do not like taxes - that is, paying them personally - include Tim Geithner, John Kerry and Charles Rangel.

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