Sunday, February 15, 2015

Republican States Consider Increasing Taxes for the Poor and Cutting Them for the Affluent

A number of Republican-led states are considering tax changes that in many cases would have the effect of cutting taxes on the rich and raising them on the poor.

Conservatives are known for hating taxes but particularly hate income taxes, which they say have a greater dampening effect on growth. Of the 10 or so Republican governors who have proposed tax increases, nearly all have called for increases in consumption taxes, which hit the poor and middle class harder than the rich.

Favorite targets for the new taxes include gas, e-cigarettes, and goods and services in general. Gov. Paul R. LePage of Maine, who wants to start taxing movie tickets and haircuts, is also proposing a tax break for the lowest-income families to relieve some of the pressure.

Read more at:http://mobile.nytimes.com/2015/02/14/upshot/states-consider-increasing-taxes-on-poor-cutting-them-on-affluent.html?abt=0002&abg=0&_r=1&referrer=

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