Millionaires Average Annual Tax Cut in North Carolina Is Comparable to Average Teacher’s Salary

Source: Meg Wiehe, Institute on Taxation and Economic Policy, Press Release, May 11, 2018

….The misplaced priorities are evident: The recent tax cuts will provide the state’s millionaires with an average annual tax cut of more than $45,000, which is nearly as much as the average teacher’s annual salary of about $50,000…..