MSNBC: And the rich pay less
media mentionBy Laura Conaway
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Wed Jan 30, 2013 4:05 PM EST
Just about every state’s tax system treats the rich better than the poor, writes the nonpartisan Institute on Taxation and Economic Policy in a new report today. The Institute says the states with the most regressive (read: unfair) tax plans are Washington State, Florida, South Dakota, Illinois, Texas, Tennessee, Arizona, Pennsylvania, Indiana, and Alabama.
When you add in all the state and local taxes, the poorest fifth of us pay at a rate of about 11.1 percent, nearly twice the 5.6 percent paid by the wealthiest among us. The view is not much better in the middle — they’re paying at 9.4 percent, enough to make a mogul blush.