econpaper - The Democrats and the Republicans are the two...

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The Democrats and the Republicans are the two biggest political parties in the United States . In the United States 31.9% of people affiliate themselves with the Republican Party while 37 .9% associate themselves with the Democratic Party . That is a new thirty two month low for the Republican Party . A major issue in the upcoming election is the current economic crisis that is affecting the United States right now . Usually the first difference that is noticed between the democratic and republican parties is their views on taxes . Republicans believe in less taxes and that tax breaks should be given to those with higher incomes so that they will spend more money thus stimulating the economy . Ten percent of the people in the United States pay for ninety percent of the taxes . Of that ten percent Republicans are hoping that they take the money they are saving and invest it into business . The Democrats believe there should be more taxes which will also lead to more money for government spending
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This note was uploaded on 05/05/2008 for the course ECON 211 taught by Professor Johnson during the Spring '07 term at Clemson.

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econpaper - The Democrats and the Republicans are the two...

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