Paul L. Caron

Wednesday, September 3, 2008

Sarah Palin and Tax Policy

Mother Jones:  Sarah Palin and Taxes, by Kevin Drum:

[O]ne of the first things Palin did after she took office was to propose a big tax increase that included a windfall profits tax on the oil industry. I don't have a big problem with that, and I'm sure the McCain campaign will eventually treat us all to a blizzard of spin about why her tax increase wasn't really a tax increase. But facts are stubborn things, and somebody really ought to poke the conservative anti-tax intelligentsia a little harder about how they feel about this. Grover? Rush? Newt? Sean?

Tax Vox:  Sarah Palin and Taxes, by Howard Gleckman:

When it comes to taxes, Sarah Palin turns out to be an intriguing mix of Barack Obama and John McCain. Like Obama, she favors a tax rebate for consumers funded by a windfall profits tax on energy companies. But, like McCain, she also backs a gas tax holiday. ...

All in all, Palin has a mixed, if limited, record on tax and spending. But, unlike her history on social issues, it is not one that will necessarily thrill the GOP base

Think Tank West: Palin: Uninspiring Tax Policy Record:

On tax policy, Alaska governor Sarah Palin has a rather uninspiring, albeit brief, record.

U.S. News & World Report:  A First Look at (Sarah) Palinomics, by James Pethokoukis:

"Oh yeah, she gets it," is how one economic conservative described to me last night the economic philosophy of Sarah Palin. By "get it," this person meant that Palin sees the value of low taxes and reduced spending.

Cary Weberry:  The Facts on Gov. Sarah Palin's Oil Tax in Alaska -- Reversing Corruption:

Governor Sarah Palin of Alaska, and now future Vice President of the United States, has been at the forefront of the fight against corruption in her own party. Her tax plan in Alaska directed at the oil industry is a testement to her ability to take action and reverse the corruption of her predecessors.

Wizbang:  An Introduction to Sarah Palin-omics, by Kim Priestap:

You may have heard that Sarah Palin raised taxes on oil companies in Alaska when she was governor, but what most people don't know is how economically smart her tax plan was. In a nutshell, here's how it's structured: when the oil prices are high, the tax is higher; when oil prices drop, the tax drops. It provides an incentive for the oil companies to keep oil production high, which keeps oil prices and, therefore, gas prices low. It's very smart.

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