June 18, 2015

U.S. News and World Report: Kansas Gov. Brownback Says Sales and Cigarette Tax Rises Are Not Tax Increases

media mention

But a new analysis Tuesday from Institute for Taxation and Economic Policy, a nonpartisan but left-leaning policy group based in Washington, said the cumulative effects of the changes in tax policy since 2012 have benefited the state’s wealthiest residents the most, while increasing taxes for its poorest residents.

The analysis posted online said the poorest 20 percent of the state’s residents will pay 1.5 percent more in taxes than they did in 2012, or an average of $197 a year. Meanwhile, the wealthiest 1 percent will pay 1.9 percent less, or an average of about $24,600, the group said.

Read more



Tags



Share