Republicans plan to spend more - East Valley Tribune: Business

Republicans plan to spend more

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Posted: Friday, November 24, 2006 5:13 am | Updated: 4:14 pm, Fri Oct 7, 2011.

It promises to be a good year for some people on a holiday shopping list — especially if that list belongs to a Republican.

Pollster Bruce Merrill reports that 18 percent of Arizona Republicans he questioned earlier this month say they intend to spend more on holiday gifts this year.

By contrast, Merrill said Tuesday that only 10 percent of Democrats — and 11 percent of independents — are planning to increase holiday spending.

“Part of it may very well be that Republicans do have more money to spend than Democrats do,’’ said Merrill, who conducted the poll earlier this month for KAET-TV (Channel 8), the Phoenix PBS affiliate. But he acknowledged that doesn’t explain why more of them would want to spend even more this year than last.

One possibility, said Merrill, is related to the fact that the Democrats are taking control of Congress.

“There’s a lot of discussion coming out of Washington that a lot of the tax cuts are not going to hold on higher socio-economic people,’’ he said.

Some Democrats have suggested that the budget can be balanced by eliminating prior tax breaks given to those in the upper-income brackets. And Merrill said there may also be a move to hike the tax on capital gains — a benefit to those with stock holdings — which has been cut in prior years.

“So maybe Republicans are figuring we’d better spend our money while we’ve got it,’’ he said. Merrill’s survey of 962 registered voters, broken down proportionately by party registration, has a margin of error of 3 percentage points.

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