Hitting Home with Megan Driscoll and Becky Coletta; Episode #3

Hitting Home with Megan Driscoll and Becky Coletta 

How national politics shape our lives locally! 

 

Episode 3: Taxes: Slashing spending to save you money? Or are they saving money for wealthiest?

 

Show links:

Distribution by income level of tax changes. 

A Distributional Analysis of Donald Trump’s Tax Plan – ITEP https://itep.org/a-distributional-analysis-of-donald-trumps-tax-plan-2024/

 

Distribution of tax cuts in Massachusetts.

GOP-Trump Tax Framework Would Provide Richest One Percent in Massachusetts with 76.0 Percent of the State’s Tax Cuts – ITEP

https://itep.org/trumpgopplanma/

 

Extending 2017 Tax Cuts. Impact of 2017 Tax Cuts in MA:

MassBudget Fed Tax Impact for MA.pdf

https://massbudget.org/reports/pdf/MassBudget%20Fed%20Tax%20Impact%20for%20MA.pdf 

 

Demographic breakdowns in Massachusetts

Massachusetts | Data USA

https://datausa.io/profile/geo/massachusetts

 

As top income tax rate dropped, wealth inequality increased

11 Charts on Taxing the Wealthy and Corporations - Inequality.org

https://inequality.org/article/11-charts-tax-wealthy-corporations-inequality/

 

As Their Relative Tax Rate Drops, Top .01% Wealth Share Grows | Tableau Public

https://public.tableau.com/app/profile/ips.inequality/viz/AsTheirRelativeTaxRateDropsTop_01WealthShareGrows/Dashboard1

 

How the American middle class has changed in the past five decades | Pew Research Center

https://www.pewresearch.org/short-reads/2022/04/20/how-the-american-middle-class-has-changed-in-the-past-five-decades/ 

 

Meanwhile–watch SALT. Help to MA but more benefit to wealthiest Americans? Cost $1.2 trillion over 10 years?

SALT Deduction Cap Future: Repeal or Raise Before the 2025 Deadline? | Kiplinger

https://www.kiplinger.com/taxes/will-the-salt-cap-be-repealed