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Are the rich getting a sweet deal on taxes?
This month, millions of Americans are filing their taxes and hoping
for the best, but are rich people actually paying a smaller
percentage of taxes than the poor? NOW ON PBS looks at plans
in many states to raise sales taxes and lower property taxes in an
effort to generate revenue. But those changes may come at an even
bigger price. Anti-poverty advocates say this shift would place the
heaviest tax burden on the poorest households - and benefit
higher-income Americans. Despite the charge, it's a model many
states have long embraced.
NOW travels to one of these states, Alabama, to document the
personal impact of regressive tax policies on three very different
families. They include a working mom who demonstrates how a 10
percent sales tax on groceries makes a significant difference in
what her family eats; a couple living in a ramshackle house in the
backwoods who've always held jobs but still face hunger; and a
well-to-do suburban couple who benefit from huge tax breaks.
Are taxes being levied fairly when it comes to the rich and the
poor?
On NOW's Web site at
www.pbs.org/now , see how your
state decides to tax you and your neighbors; take our quiz for
surprising facts about family, taxes and fairness; and listen to
Web-exclusive expert insight on how to turn around our fractured
national economy.