Some of the most exciting tax policy action these days is happening at the state level, and you can really see some of the differences that party control makes.
In Indiana, where the Republicans control the legislature and the governorship, the fight between Governor Pence and the legislature is over how much to cut taxes. Mr. Pence reportedly wants to cut taxes by $500 million a year; a local news outlet reports that "Pence wanted lawmakers to slash the income tax from 3.4 percent to 3.06 percent, but Senate Republicans opted to reduce it to 3.3 percent."
Meanwhile, in Massachusetts, the fight is over how much to raise taxes. There, Governor Deval Patrick, a Democrat, has been threatening to veto the Democratic legislature's plan because it increases taxes by a mere $500 million, while Mr. Patrick wants to raise taxes by $1.9 billion.