“Almost nobody says we should have the richest pay the least. And yet when we look around the country, the vast majority of states have tax systems that do just that.”

Nearly every state and local tax system in the U.S. is fueling the nation’s inequality crisis by forcing lower- and middle-class families to contribute a larger share of their incomes than their rich counterparts, according to a new study published Tuesday.

Titled Who Pays?, the analysis by the Institute on Taxation and Economic Policy (ITEP) examines in detail the tax systems of all 50 U.S. states, including the rates paid by different income segments.

In 41 states, ITEP found, the richest 1% are taxed at a lower rate than any other income group. Forty-six states tax the top 1% at a lower rate than middle-income families.

Report: https://itep.org/whopays-7th-edition/

  • AngryCommieKender@lemmy.world
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    11 months ago

    The only time that anyone wrote about the guy getting even a little irritated, he found moneychangers at the temple, and was so pissed he took a few hours to braid his own whip, then went back and started flipping tables and whipping moneychangers…

    Sounds like you may be on to something.

    • Asafum@feddit.nl
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      11 months ago

      I wish things were this small scale still. You bet your ass there would be lines miles long to whip the fucking blackrock assholes and anyone in the 3 letter positions of Bank of America would already be dead.