Posted on

GOP Rumors of Tax Hike Spark Backlash: Will Republicans Abandon Pro-Growth Principles?

unnamed 16

the staff of the Ridgewood blog

Washington DC, as rumors swirl about a potential millionaire surtax and an increase in the top income tax rate to 40% or more, conservative voices are sounding the alarm. Many warn that such a move would represent a dramatic departure from the Republican Party’s long-standing commitment to low taxes and free-market economics — a formula credited with driving U.S. prosperity since the Reagan era.

Continue reading GOP Rumors of Tax Hike Spark Backlash: Will Republicans Abandon Pro-Growth Principles?