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Monday Map: Average Tax Savings from One Year Extension of Bush Tax Cuts

By: Nick Kasprak

Today's Monday Map shows the impact of the imminent expiration of the Bush taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. cuts by state. Connecticut, where taxpayers stand to pay an average of $5,783 more, would be affected the most; Mississippi, with an average tax increase of $1,310, would be affected the least. The data comes from our recent publication "How the States Would be Affected by Extension of Bush Tax Cuts and Other Provisions" by Will McBride and Ed Gerrish.

Click on the map to enlarge it.

To view previous Monday Maps, click here.

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