Faster horses
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...the hardest.
From Patriot Update
The millionaire tax being pushed by Senate Democrats this week would hit taxpayers in Democrat-dominated states almost twice as hard as those in Republican-dominated states, according to an analysis by The Daily Caller.
States that have elected two Republican senators tend to have much lower levels of economic inequality than states which have elected two Democratic senators. Democrat-dominated states tend to have higher percentages of very rich people, higher percentages of very poor people, and a lower percentage of middle-income people.
For example, the 5.6 percent tax on million-dollar earners will hit 0.7 percent of taxpayers in New York, 1.2 percent of taxpayers in Connecticut and 0.4 percent of taxpayers in Colorado, according to an Oct. 6 report by the left-of-center group Citizens for Tax Justice (CTJ).
On average, 2.9 percent of taxpayers in the 18 states that elect two Democratic senators would be forced to pay the millionaire's surtax if it becomes law.
In contrast, only 1.7 percent of people in the 15 states that send two Republicans to the Senate would pay the surtax.
From Patriot Update
The millionaire tax being pushed by Senate Democrats this week would hit taxpayers in Democrat-dominated states almost twice as hard as those in Republican-dominated states, according to an analysis by The Daily Caller.
States that have elected two Republican senators tend to have much lower levels of economic inequality than states which have elected two Democratic senators. Democrat-dominated states tend to have higher percentages of very rich people, higher percentages of very poor people, and a lower percentage of middle-income people.
For example, the 5.6 percent tax on million-dollar earners will hit 0.7 percent of taxpayers in New York, 1.2 percent of taxpayers in Connecticut and 0.4 percent of taxpayers in Colorado, according to an Oct. 6 report by the left-of-center group Citizens for Tax Justice (CTJ).
On average, 2.9 percent of taxpayers in the 18 states that elect two Democratic senators would be forced to pay the millionaire's surtax if it becomes law.
In contrast, only 1.7 percent of people in the 15 states that send two Republicans to the Senate would pay the surtax.