How do Democrats and Republicans vote on issues pertaining to economic inequality?
Economic policy issues affecting the distribution of wealth probably constitute the greatest philosophical difference between the two major political parties. Republicans overwhelmingly support tax proposals which reduce the marginal tax rates on wealthy Americans and oppose tax initiatives which would raise such limits. Republicans also overwhelmingly support full repeal of the estate tax and resist legislation which would increase the minimum wage levels. The major justification advanced by Republicans in support of their economic agenda is that policies which reward wealthy Americans are beneficial for the economy as a whole in that they encourage investment and foster job growth. On the other hand, Democrats who receive all but a very small amount of organized labor contributions support economic policies which primarily benefit wage earners.