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Say New Taxes Would Hit Low Income Group First
In the 1950 Billings Herald report a study shows that 51 million taxpayers with incomes under $5,000 paid about 48 percent of income taxes. It argues tax increases would primarily burden lower income groups, while higher earners saw limited gains from taxing above $50,000 or $100,000 incomes.
MENTIONED IN THIS ARTICLE
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Herald
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Uncle Bam
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