Associated Press-Georgia: Tax cut sails through House; findings show big boost to rich

But an analysis by the liberal-leaning Georgia Budget & Policy Institute, using modeling by the Institute on Taxation and Economic Policy, shows that 62% of the benefits would go to the top 20% of Georgia tax filers. While the top 1% of Georgia taxpayers, earning more than $575,000 a year, would get 18% of all benefits, the 3 million filers in the bottom 60%, earning less than $64,000 a year, would get just 19% of benefits. Read more