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With states across the nation preparing for primary elections and general elections less than a year away, voters across the country are wondering whom they should vote for. The candidates have received a lot of media attention thus far, but one issue that has not been getting much attention yet is the candidate’s views on taxes. This topic is not talked about or mentioned at debates because nearly all candidates share similar views with other members of their respective parties. Democratic candidates typically want higher taxes on upper income individuals with increase government spending, while Republican candidates tend to favor lowering taxes and continued military spending.
You can bet once the primary elections are over taxes will become a hot-button issue between the designated candidates. In the lead-up to the general election you can expect to see sharp debates between the Republican and Democratic candidates because of their drastically different views on social programs, the extent of our involvement in Iraq and Afghanistan, and how to sustain economic growth for our country. Although some of the candidates might share similar views, it is still important to fully understand the details of their individual positions. It is also important to understand how the seemingly unrelated actually has tax consequences.
To help our reader’s research of presidential candidates we have gathered information on the tax views – and views on other issues that have tax consequences – for the top 10 presidential candidates.
