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Monday numbers: NC Senate's tax plan a boon for the wealthy
But for the rest of us, not so much:
50—estimated percent of Senate tax cut proposal that will be received by the top 20 percent of income earners in North Carolina (Ibid)
20,119—amount in dollars of the average annual tax cut the top one percent of income earners will receive since 2013 if the latest Senate tax plan becomes law (Ibid)
15—amount in dollars of the average annual tax cut the bottom 20 percent of income earners will receive since 2013 if the latest Senate tax plan becomes law (Ibid)
3.2 billion—amount in dollars less that the state revenue code will bring in next fiscal year than it would have before tax changes made since 2013 if the latest Senate tax plan passes (Ibid)
20,119—amount in dollars of the average annual tax cut the top one percent of income earners will receive since 2013 if the latest Senate tax plan becomes law (Ibid)
15—amount in dollars of the average annual tax cut the bottom 20 percent of income earners will receive since 2013 if the latest Senate tax plan becomes law (Ibid)
3.2 billion—amount in dollars less that the state revenue code will bring in next fiscal year than it would have before tax changes made since 2013 if the latest Senate tax plan passes (Ibid)
Every year they are in charge, Republicans whittle away at the services provided to citizens, and every year the already wealthy benefit from that. It makes you wonder if everything else they do is simply a distraction so these vampires can keep feeding on the peasantry.
Read more: http://www.bluenc.com/content/monday-numbers-nc-senates-tax-plan-boon-wealthy