FACTSHEET: Senate Bill 817 would lock in tax giveaways for the powerful

By Alexandra Forter Sirota
Director, Budget & Tax Center

June 2016

Amending the state constitution to set an arbitrary and low income tax rate cap would lock in the tax giveaways that lawmakers have already enacted since 2013. These tax changes have primarily benefited the wealthy and shifted the tax load to moderate- and low-income taxpayers, a trend that will only continue under a radical income tax cap.
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