FOXNEWS The Journal Editorial Report February 19, 2022 20:43:00
Distinction between the red and blue states. some of the red and blue states are, indeed, trying to do something on taxes. but they're doing it in a very targeted way. there could be rebates, they're talking about cutting the gas tax or food taxes, but they're very concerned about equity. so they won't drop the tax on upper income whereas republican governors, by and large, are suggesting broad-based taxes. to your point about inflation, inflation cuts into everybody's income. and these governors are trying to put tax cuts in that like kim reynolds in iowa, a 4% flat tax a by 2026, which will ...