While Democrats Take Credit, It's in Red States Where Shoppers Have Money to Spend for Christmas Holiday
Rebecca Downs
Posted: Dec 23, 2021 9:30 AM
Democrats to take credit for the economy, as if they have no concept of polling consistently showing that President Joe Biden is underwater on this key issue. And, when it comes to the talking point that shoppers are better off, with more money in their pocket to spend on last-minute gift ideas, it's actually in red states where this is the case. Fifteen Republican-led states have cut taxes this year while Democrats in Congress are meanwhile clamoring to raise taxes.
In June, Gov. Doug Ducey in Arizona signed a $12.8 billion budget, which included a tax break. "Each and every Arizona taxpayer, no matter their income, will experience a tax cut under our historic tax reform,” Ducey said." The budget implemented a flat tax of 2.5 percent for everyone, eliminating the state's taxation system that ranged from 2.59 percent for first $54,000 of income to 4.5 percent for income above $327,000.
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https://townhall.com/tipsheet/rebeccadowns/2021/12/23/last-minute-shoppers-have-money-to-spend-in-red-states-n2600964
