Analysis: Both sides gamble big on taxes in White House race

Reuters

Oct. 3, 2011

Taxes are shaping up to be a defining issue in next year's elections, when Americans will effectively cast their vote on how much government they want in their lives.

"It's going to come down to taxes, which means the size of government and the role of government," said Steve Bell, a Republican veteran of every budget battle in Washington since the 1970s.

"This is the clearest choice between governing philosophies in a generation -- since Reagan versus Carter in 1980."

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Economic Policy Project