The Institute on Taxation Policy (yes, I need new hobbies) recently released a report that breaks down the percentage of people’s income that they pay in state and local taxes. What we find is a Republican’s wet dream–the supposed ‘takers’, the 47 percent take it in the chops:
Yes, the worse off you are, the more of your income you pay in state and local taxes. That’s the definition of a regressive tax system. What’s horrible is that there are no progressive tax systems in any state. Not one. The closest is Oregon:
California sort of gets it right:
Those are the best cases. But then there are South Dakota and Washington:
In other states, the second and third fifths pay a higher percentage of income than the poor, but the top fifth still pays the least. In terms of total revenue, in just about every state, the second and third fifths each generate more revenue than the top one percent. We have a system where the poorest get rocked, and the lower middle and middle classes carry the burden of government.
Good to know who the real ‘takers’ are…