I was recently asked to testify before the Ohio House of Representative’s Tax Reform Legislative Study Committee. I urged the committee to carefully consider the long-term negative consequences of the regressive tax policy for the State of Ohio and its residents. What follows is the gist of my testimony along with some of the data that I presented to the committee.Telling charts demonstrate the point: The poor are bearing greater tax burden than the rich on everything but income tax.
New Economic Perspectives
Against Regressive Taxation
Fadhel Kaboub | Assistant Professor of Economics at Denison University (OH) and a Research Associate at the Levy Economics Institute (NY) and the Center for Full Employment and Price Stability (MO)