skip to main content
skip to newscasts

Thursday, April 25, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

SCOTUS skeptical that state abortion bans conflict with federal health care law; Iowa advocates for immigrants push back on Texas-style deportation bill; new hearings, same arguments on both sides for ND pipeline project; clean-air activists to hold "die-in" Friday at LA City Hall.

view newscast page
play newscast audioPlay

"Squad" member Summer Lee wins her primary with a pro-peace platform, Biden signs huge foreign aid bills including support for Ukraine and Israel, and the Arizona House repeals an abortion ban as California moves to welcome Arizona doctors.

view newscast page
play newscast audioPlay

The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

Report: Trump Tax Plan Does Little to Benefit WV

play audio
Play

Friday, August 4, 2017   

CHARLESTON, W.Va. – President Donald Trump was cheered in Huntington last night, but his tax proposals would do little for West Virginia and most people here, according to a new analysis.

The report from the Institute on Taxation and Economic Policy finds the richest one percent of West Virginians would receive nearly 40 percent of the tax cuts in the plan, with the poorest 20 percent getting less than one percent.

Matt Gardner, a senior fellow at the institute, says that trend is echoed on a larger scale.

"Richer states tend to do better, poorer states tend to do worse," he says. "In a way, that mirrors what's happening nationwide, with richer Americans getting the lion's share of the benefits and poorer Americans being comparatively left out in the cold."

Proponents of Trump's proposal say all Americans will see their taxes reduced, and claim the move will create more revenue by stimulating economic growth.

Gardner disagrees, and notes the nation's top earners would receive an average of $145,000 in tax breaks, compared with just $60 for the bottom 20 percent of earners in West Virginia.

Gardner adds there's no evidence to support the supply-side argument that tax cuts can pay for themselves. He says the tradeoff on nearly $5 trillion in lost tax revenue would likely be cuts in health-care, education and food-assistance programs.

"Under any realistic view of the economic consequences of this plan, we're going to see larger budget deficits," he adds. "First on the chopping block would be federal aid to low-income Americans."

The White House also has proposed cutting SNAP benefits, the program once known as food stamps, by 25 percent over the next decade. But 70 percent of SNAP recipients are children, seniors and people with disabilities; and more than 20 percent work full-time, are caregivers or are enrolled in training programs.


get more stories like this via email

more stories
Creedon Newell practices teaching construction skills in Wyoming's new career and technical educator bridge course, designed to encourage trades students and professionals to pursue a career in CTE teaching. (Photo by Rob Hill)

Social Issues

play sound

By Lane Wendell Fischer for the Shasta Scout via The Daily Yonder.Broadcast version by Suzanne Potter for California News Service for the Public News …


Environment

play sound

By Naoki Nitta for Civil Eats.Broadcast version by Suzanne Potter for California News Service reporting for the Solutions Journalism Network-Public Ne…

Social Issues

play sound

Concerns about potential voter intimidation have spurred several states to consider banning firearms at polling sites but so far, New Hampshire is …


Though Connecticut's benefits cliff persists, there are other programs helping people maintain benefits of some kind when their income pushes them over the limit. (Adobe Stock)

Social Issues

play sound

Today, groups working with lower-income families in Connecticut are raising awareness about the state's "benefits cliff" with a day of action…

Social Issues

play sound

Texas Lieutenant Gov. Dan Patrick has released 57 "interim charges," the topics he wants Senate committees to study in preparation for the 89th …

It is estimated the Wild Springs Solar Project in New Underwood, South Dakota, will offset 190,000 metric tons of carbon dioxide emissions per year. (Adobe Stock)

Environment

play sound

The construction of more solar farms in the U.S. has been contentious but a new survey shows their size makes a difference in whether solar projects …

Social Issues

play sound

Minnesota's largest school district is at the center of a budget controversy tied to the recent wave of school board candidates fighting diversity pro…

play sound

Minnesota lawmakers are considering a measure which would force employers to properly classify certain trade union workers and others as employees rat…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021