Floyd County Times: Wealthiest Kentuckians Have Lowest Overall Tax Rate
media mentionA new study released last week by the Institute on Taxation and Economic Policy (ITEP) and the Kentucky Center for Economic Policy (KCEP) finds that low-income Kentuckians pay 49 percent more in state and local taxes as a share of their incomes than the state’s wealthiest one percent pay. The rate for moderate-income and middle class taxpayers is 74 percent higher than what those at the very top pay.