“A national report by the Institute on Taxation and Economic Policy ranks Ohio 18th in the country for most imbalanced tax systems. In a “regressive” tax system, low- and middle-income people pay a larger balance of their incomes in state and local taxes than high earners. The study finds very few states with “progressive” tax systems, and ranks Washington, Florida, Texas, South Dakota and Illinois as the top five for regressive systems.”
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What Did 2025 State Tax Changes Mean for Racial and Economic Equity?
Mentioned Locations
Florida, Illinois, Ohio, South Dakota, Texas, Washington