The following article by Glenn Kessler was posted on the Washington Post website October 6, 2017:
The wealthiest Americans pay the largest proportion of taxes. Consequently, any tax cut, unless very carefully tailored, will benefit them. (Meg Kelly/The Washington Post)
“We want to get the federal government out of the business of subsidizing the states.”
–Treasury Secretary Steve Mnuchin, interview on ABC’s “This Week,” Oct. 1, 2017
“Is it fair that other states subsidize states that have high state taxes?”
–House Majority Leader Kevin McCarthy (R-Calif,), interview on Fox Business Network, Sept. 29 Continue reading “Are red low-tax states subsidizing blue high-tax states through the tax code?”