Center for Political Awareness

Why Do the Richest 1% Pay Lowest State and Local Tax Rates of Any Group in Many States?

In 34 states, the families with the lowest incomes pay the highest state and local tax rate of any other group.

Read more at this Truthout article below.

The richest 1 percent are benefiting greatly from highly regressive state and local tax codes across the U.S., with tax laws strongly favoring concentrating more wealth in the hands of the rich in the vast majority of states, a new report reveals…..

According to a report on state and local tax codes by the Institute on Taxation and Economic Policy (ITEP), the vast majority of state tax and local codes are regressive, meaning that people with higher incomes pay a lower proportion of their incomes than families with low- and middle-incomes…… Read Full Article

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