States' Taxes Go Flat

Episode Description: State lawmakers have been on the move this year. One major trend that has been taking place? A push for flat taxes.

In more than 100 years of state income taxes, only four states have ever moved from a graduated-rate income tax to a flat tax. Another four may adopt flat tax legislation just this year.

Jared Walczak, vice president for state projects, joins Jesse Solis this week to discuss what flat taxes are, what they mean for taxpayers, and why so many states are making a push for them this year.