Culture Map Houston: Texas Tax Myths Shattered

If you’re living in Texas and don’t fall within the wealthiest one percent of residents, chances are you’re paying some of the highest tax rates in the nation.

According to “Who Pays? A Distributional Analysis of the Tax Systems in All 50 States,” a report recently released by the Institute on Taxation and Economic Policy (ITEP), Texas features one of the most regressive tax structures in the United States, coming in as the third worst behind only Washington and Florida.

Read more

---