Phoenix News Times: Arizona Has One of Nation’s Most Regressive Tax Systems
media mention“Arizonans on the lower end of the income scale are paying a significantly higher portion of their incomes in taxes than wealthier Arizonans.
The Institute on Taxation and Economic Policy, a non-profil research organization, released a report showing the nation’s poorest taxpayers have an effective tax rate that’s double that of the richest Americans. In Arizona, the lowest-income residents pay nearly three times as much of their income as the biggest income-earners in the state.
No state is immune to regressive taxation, but Arizona’s divide is among the worst.”