Accounting Today: States Tax Poor More Heavily than Ultra-rich

A new report finds that every state tax system, with the exception of the District of Columbia, taxes its poorest residents at significantly higher tax rates than the wealthiest 1 percent of taxpayers.

The report, from the Institute on Taxation and Economic Policy, is the fifth edition of the nonprofit research organization’s “Who Pays?” report examining tax systems in all 50 states and the District of Columbia.

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