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Slowest-growing states all have a progressive income tax

Source: foxbusiness.com - Feb 28, 2020

A new study published this month could serve as a dire warning for Democratic presidential hopefuls Elizabeth Warren and Bernie Sanders, both of whom have lobbied for an extensive new tax on the wealthiest Americans.

But according to a study published by Illinois Policy, a conservative nonprofit think tank with offices in Chicago and Springfield, four of the five slowest-growing states over the past decade all have one thing in common: A progressive income tax.

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Category: General Business