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Tax the poor, feed the rich

Posted By Rob Schofield On October 15, 2012 @ 10:21 am In Uncategorized | Comments Disabled

And speaking of regressive, counter-productive tax policies, check out this new report released this morning [1], which shows that recent proposals from Republican leaders in the U.S. House and Senate would extend lucrative tax breaks for 140 multi-million-dollar estates in North Carolina while letting tax improvements expire for 522,645 moderate-income North Carolina working families with 1.1 million children.

Sounds like pretty standard right-wing trickledown/flood-up economics.

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URL to article: http://pulse.ncpolicywatch.org/2012/10/15/tax-the-poor-feed-the-rich/

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[1] this new report released this morning: https://filemanager.capwiz.com/filemanager/file-mgr/ncjustice/10_15_12tax.pdf

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