Right-Wing State Tax ‘Revolution’ Rolls On

Republican state legislators backed by corporate-funded advocacy groups have made significant strides toward flattening or eliminating once-progressive state income taxes in this year ’s legislative sessions.

Two states ( Kansas and Ohio ) have enacted flat tax legislation this year , making a total of 16 states that now tax wealthy and low-income residents at the same rate.

Two more states ( Mississippi and Oklahoma ) passed bills to phase out their income tax altogether.

AFP and the Pelican Institute pushed a ballot measure in Louisiana to lower the income tax rate from 4.25 percent to 3.75 percent .

Voters soundly defeated Amendment 2 by a nearly 2 -to-1 margin ( 65 percent voting no) Missouri may become the first state to eliminate the capital gains tax, exempting profits from the sale of stocks, real estate, cryptocurrency.

Ohio Senate incorporated a 2.75 percent flat tax in its final state operating budget that would take effect in 2026 .

Millionaires, who represent 1 percent of Ohioans , will reap 40 percent of the savings.

The groups driving red states to flatten and eliminate income taxes are heavily backed by billionaires, corporations, and right-wing foundations.