Tax Hikes: A G.O.P. Thing

With states facing their worst fiscal pinch since World War II and all but one of them required by law to balance their budgets, nearly every Governor is facing unpleasant choices this year. And in an upending of conventional politics, it's the Republicans who are leading the way to higher taxes. Within two days of being sworn in last month as Georgia's first G.O.P. Governor since Reconstruction, Sonny Perdue proposed one of the state's biggest tax hikes ever. Though he backed off when legislators balked, other Republican Governors are forging ahead. Connecticut's John Rowland, elected as a tax cutter in 1994,...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!