Oklahoma Watch: Five Things to Remember About the Penny Tax Proposal
media mention“The tax would fall hardest on the poor, who spend a larger portion of their income on retail purchases. It would cost the bottom 20 percent of households an average of $90 a year. Middle-income households would pay about $262 a year. And the top 1 percent would pay $1,691, according to a data analysis by the Institute on Taxation and Economic Policy.”