Wednesday, 21 Jan 2015 02:09 PM
The party, led by President Barack Obama, is instead increasingly viewing tax policy as a means to other ends — a way to finance breaks for education and child care and to fight middle-class wage stagnation. That puts them at odds with Republicans, who champion lower rates and a simpler tax code as the path to economic growth.
That widening gulf — amplified in Obama’s State of the Union speech Tuesday night — makes it harder to see a bipartisan approach to revamping the individual tax system while he’s in office. As the two parties develop their agendas for 2016, they’re not even speaking the same language on tax policy for individuals.