Some Governors want to Cut Taxes for the Rich and Increase Taxes for the Poor
By Noel Brinkerhoff and Danny Biederman | AllGov | February 24, 2015
Call it the reverse Robin Hood tax strategy: Republican governors in several states want to rob from the poor through higher taxes and give to the rich by cutting their taxes.
GOP Governors Paul LePage of Maine, John Kasich of Ohio, Nikki Haley of South Carolina and several others are considering raising so-called consumption taxes, such as those imposed on sales of cigarettes, gasoline, even haircuts and movie tickets, to generate more revenue for their state budgets.
At the same time, they want to slash income taxes, which would benefit wealthy taxpayers the most.
This strategy would, they argue, stimulate business creation and job growth.
But increasing sales taxes usually hurts lower income earners more than the wealthy because the former has to spend more of their earnings on food and necessities.
A new report from the Keystone Research Center and Good Jobs First says this taxation approach by the GOP could create financial problems in the future.
The report cites two national studies to support its claim. One is from the Economic
Policy Institute, which revealed that “one percent of people at the top now claim at least one sixth of all personal income in 38 states, while incomes for the middle class have remained flat,” according to the Keystone report. The second study cited is from The Institute on Taxation and Economic Policy, which found that “in 20 states, the top one percent pay less than half the tax rate of the middle class,” noted Keystone. “On average across the 50 states, the top one percent pay only 60 percent as much in taxes as the middle fifth.”
The report’s warnings may have come too late for several states that have already put the controversial tax juggle into practice.
“The strategy of shifting from income taxes to consumption taxes has caused huge budget shortfalls in Kansas and, more recently, North Carolina, which announced a budget shortfall of nearly half a billion dollars,” Shaila Dewan wrote at The New York Times.
To Learn More:
States Consider Increasing Taxes for the Poor and Cutting Them for the Affluent (by Shaila Dewan, New York Times )
Tax Fairness: An Answer to State Budget Problems (Keystone Research Center and Good Jobs First) (pdf)
Under the Radar, Payroll Tax Increase Hits the Working Poor (by Noel Brinkerhoff, AllGov )
Louisiana Gov. Jindal Proposes Raising Taxes for 80% of State’s Citizens(by Matt Bewig, AllGov )
Kansas Tax Committee Approves Bill to Raise Taxes for Poor and Lower Taxes for Rich (by Matt Bewig, AllGov )
2 Comments »
Leave a comment
Featured Video
Natural Solutions for Bladder Health (UTI’s, Stones, Cystitis) – Dr Bryan Ardis
or go to
Aletho News Archives – Video-Images
From the Archives
Noam Chomsky, Kevin Barrett and Academic Freedom
The Kevin Barrett-Chomsky Dispute in Historical Perspective – Ninth part of the series titled “9/11 and the Zionist Question”
By Prof. Tony Hall | American Herald Tribune | August 7, 2016
Noam Chomsky has been much worse than hypocritical in the role he has chosen for himself in the study of 9/11. Chomsky treats the subject of 9/11 as if he’s some sort of master of analysis on the subject of what happened. He presents his conclusions without showing the due diligence of going through the relevant primary and secondary sources in a balanced and scholarly fashion. The primary sources Chomsky chooses to disregard include passenger lists, video and photographic evidence in the public domain, eyewitness accounts, original news coverage on the day of 9/11 and the like. … continue
Blog Roll
Recent Comments
Bill Francis on Chris Minns Defends NSW “Hate… Sheree Sheree on I was canceled by three newspa… Richard Ong on Czech–Slovak alignment signals… John Edward Kendrick on Colonel Jacques Baud & Nat… eddieb on Villains of Judea: Ronald Laud… rezjiekc on Substack Imposes Digital ID Ch… loongtip on US strikes three vessels in Ea… eddieb on An Avoidable Disaster Steve Jones on For Israel, The Terrorist Atta… cleversensationally3… on Over Half of Germans Feel Unab… loongtip on Investigation Into U.S. Milita… loongtip on Zelensky’s Impossible De…
Aletho News- FDA Won’t ‘Rubber-Stamp’ Pfizer mRNA Flu Vaccine Without Better Safety Data
- Bill Gates’ CEPI revives Moderna mRNA bird flu vaccine development with $54M investment after HHS terminated funding
- Government Minister Steps in to Defend Met Office as Fake Temperature Scandal Escalates
- Russia, African Countries Agree to Strengthen Security Cooperation – Lavrov
- Lebanese Detainees in Israeli Prisons: When Silence Becomes Surrender
- US Weighs Port Restrictions on Spain Over Israel Arms Transit Ban
- How Israel hijacked US politics, media and tech – without Americans even realizing
- HHS to Prohibit Hospitals From Performing Sex-Change Surgery on Kids
- Natural Solutions to Bladder Health
- Medicinal plants hold key to Iran’s drought-resistant revenue
- If Americans Knew
- U.S. Pastors Become Willing Ambassadors for Israel’s War
- The 2028 Presidential Candidates – TrackAIPAC Scoresheet
- “Trump Riviera” is back on the table – Not a Ceasefire Day 71
- Commentary editor, a pioneer neoconservative, pushed Republicans, U.S. policy, and Christian evangelicals into a pro-Israel direction
- Despite ceasefire deal, Israel refuses to open the Rafah border crossing, cutting Gaza off from the world
- Palestinian ingenuity shines through adversity – Not a Ceasefire Day 70
- Amnesty: ‘Utterly preventable’ Gaza flood tragedy must mobilize global action to end Israel’s genocide
- Israel Propagandists Are Uniformly Spouting The Exact Same Line About The Bondi Beach Shooting
- Ha’aretz: Free the Palestinian Activist Who Dared to Document Israel’s Crimes in the West Bank
- Garbage Is Poisoning Gaza
- No Tricks Zone
- Der Spiegel Caught Making Up Reports About Conservative America (Again)
- New Study: 8000 Years Ago Relative Sea Level Was 30 Meters Higher Than Today Across East Antarctica
- The Wind Energy Paradox: “Why More Wind Turbines Don’t Always Mean More Power”
- New Study Reopens Questions About Our Ability To Meaningfully Assess Global Mean Temperature
- Dialing Back The Panic: German Physics Prof Sees No Evidence Of Climate Tipping Points!
- Astrophysicist Dr. Willie Soon Challenges The Climate Consensus … It’s The Sun, Not CO2
- Regional Cooling Since The 1980s Has Driven Glacier Advance In The Karakoram Mountains
- Greenland Petermann Glacier Has Grown 30 Kilometers Since 2012!
- New Study: Temperature-Driven CO2 Outgassing Explains 83 Percent Of CO2 Rise Since 1959
- Climate Extremists Ordered By Hamburg Court To Pay €400,000 In Damages
Aletho News 
Isn’t this the old trickle down tax bull shit.
LikeLike
Reblogged this on TheFlippinTruth.
LikeLike