Part 3 of 4: Personal Income Tax Cuts Don’t Lead to Broad Prosperity

pitc part iii top earners image

If we rebuild our tax code in a way that works for everyone, we can afford to make public investments that will contribute to the common good. Unfortunately, recent tax cuts have put more money in the pockets of those at the top and less in the pockets of everyone else. The revenue we lost could have been used to invest in things that make communities strong like safe streets, good teachers, parks and libraries, and responsive police and safety services.

Instead of letting powerful interests manipulate it, we can clean up the tax code to get the revenue we need to help communities thrive.

In part 3 of a 4-part series on the effects of personal income tax cuts, we discuss how cuts mainly serve small groups of people rather than promoting broad prosperity across all income groups. We also provide suggestions for cleaning up our tax code and turning it from upside-down to right-side-up.

Click the download link to see the complete one-pager.

To get the full picture of how tax cuts affect Arkansas, review part 1 and part 2 of this series.