Federal Tax Hikes Expected to Hurt Louisiana’s Rich and Poor Alike

By Fergus Hodgson
Heritage Foundation predicts “substantial job losses” among earners of less than $250,000 The Heritage Foundation, a D.C.-based policy institute, has released a scathing report on the prospect of income tax increases for the coming year. The authors contend that while high income households may be targeted, everyone will pay the price through lower economic growth...

TAGS: Barack Obama, Economic impact, Federal plan, Income taxes

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