February 27, 2015

Associated Press Mississippi: Differing Tax Cut Plans Advance in Mississippi House

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Opponents warn Gunn’s plan means Mississippi’s remaining taxes would fall more heavily on the poor, as a proportion of income. Projections from the liberal-leaning Institute on Taxation and Economic Policy show the lowest-earning 20 percent of taxpayers, making $16,000 or less, would save an average of $13 a year. Those in the top 1 percent of income, making $324,000 or more, would save $22,862 on average. 



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