Wealthy Corporations Favored in Tax Plans, Center Reports

The beneficiaries of tax overhauls proposed by Gov. Brownback and House Republications are likely to be wealthy corporations -- and not just small businesses that create jobs, The Center for Budget and Policy Priorities says in a report it just released.

The major beneficiaries of such a giveaway are unlikely to be the small businesses and job creators that Governor Brownback says he is intent on helping.  Instead, the benefits would flow in great measure to large, established businesses, some of which don't even have employees. 

At the same time, the plans would drain $266 million or more a year from education and other necessities, the Center reports. The full version of the report and a pdf are available here.