Views
3 years ago

Tennessee - Citizens for Tax Justice

Tennessee - Citizens for Tax Justice

Tennessee - Citizens for Tax

CTJ Citizens for Tax Justice June 20, 2012 Media contact: Anne Singer (202) 299-1066 x27 www.ctj.org Income Group Tennessee Taxpayers and the Bush Tax Cuts: President Obama’s Approach vs. Congressional GOP’s Approach (More information and national figures available at www.ctj.org/bushtaxcuts2012.php) New figures from the Institute on Taxation and Economic Policy (ITEP) show what Tennessee residents would pay under Congressional Republicans’ proposal to extend all the Bush tax cuts and President Obama’s more limited proposal to extend most, but not all, of the tax cuts. In 2013, taxes for the richest one percent of Tennessee residents would be cut by $60,580 on average under the Republican approach and by $18,150 on average under the President’s approach. In other words, the richest one percent in the state would pay $42,430 less under the GOP approach than under the President’s approach next year. The situation is the reverse for lower income groups. For example, in 2013 taxes for the poorest fifth of Tennessee residents would be cut by $70 on average under the Republican approach and by $250 on average under the President’s approach. In other words, the poorest fifth of the state’s residents would pay $180 more on average under the Republican approach than under the President’s approach. Richest 1% Next 4% Next 15% Fourth 20% Middle 20% Second 20% Poorest 20% $1,210 $1,210 $920 $1,030 $510 $680 $70 $250 $2,820 $2,830 $6,920 $6,390 Average Tax Cut in 2013 in Tennessee GOP Approach vs. Obama Approach $18,150 GOP Approach Obama Approach $60,580 Figures rounded to the nearest ten dollars. Source: Institute on Taxation and Economic Policy (ITEP) microsimulation model, June 2012

Complete Comic - Citizens for Tax Justice
Benefits and Taxes 2011 leaflet (pdf) - Citizens Information Board
Tax Policy & The Poverty Rate - Citizens' Committee for Children of ...
Guide to Juvenile Justice PDF - Citizens Crime Commission
Benefits and Taxes 2012 leaflet (pdf) - Citizens Information Board
Protest Petition PART (II) - Citizens for Justice and Peace
An Economic Report to the Governor of the State of Tennessee ...
An Economic Report to the Governor of the State of Tennessee ...
Building-Citizen-Advocacy-for-Affordable-Housing-in-Niagara-Social-Justice-FINAL
Good Government Champion Senior Citizen ... - lesiharajr.org
December 2012 Public Forum: Tax Increases vs. Spending Cuts
Child Care - University of Tennessee Digital Library
National Tax Fairness Report 20150211
Investment in the United States By Turkish Citizens and Companies
The Politics of EU Tax Harmonisation - Friedrich Naumann Foundation
The Single Income Tax - The 2020 Tax Commission
The State of Working Alabama 2011 - Arise Citizens
Property Tax in Ireland: Key Choices - Welfare.ie
Aligning Corporation Tax and Income Tax - Institute of Economic ...
Snake-Oil Tax Cuts - Harvard Kennedy School - Harvard University
reforming-federal-personal-income-taxes
TAX POLICY AND ECONOMIC GROWTH
Mexico: An Evaluation of the Main Features of the Tax System
Tax Reform - Caribbean Centre for Money and Finance
Property Tax in Ireland: Key Choices - Welfare.ie
PDF: North Carolina Tax Reform Options - Tax Foundation