Bloomberg BNA: Survey Says Higher Income Households Should Pay More
media mentionUsing data from the Institute on Taxation and Economic Policy (ITEP), WalletHub then compared what Americans think is fair to the structure of state and local tax systems. ITEP estimates the total state and local tax burden of households at seven different points in the income distributions of each state (e.g., bottom 20 percent or top 1 percent). Because each state’s income distribution is unique, corresponding household income at each distribution point varies by state. For example, the top 1 percent of households in Connecticut earns more than the top 1 percent in Mississippi.