February 15, 2017

West Virginia Center on Budget & Policy: Replacing Income Tax with Sales Tax is a Boon for the Wealthy

ITEP Work in Action

Scale back income tax exemptions – Every taxpayer regardless of income receives a $2,000 exemption for each dependent. Phase it out between $150,000-$200,000, and eliminate it for those over $200,000, and it would increase revenue by an estimated $10 million.

PowerPoint presentation available here