Atlanta Black Star: Brutally Unfair Tax Structure Forces the Poor to Pay Twice As Much As the Rich
media mentionThe culprit is the state and local taxes Americans pay on top of the federal taxes. While the federal taxes are relatively progressive, meaning they take a higher percentage from the wealthy than they do the poor and therefore try to address poverty and inequality, the federal efforts are swamped by state and local taxes that take much more from the poor. The regressiveness of state and local taxes was the subject of a new report released this week by the Institute on Taxation and Economic Policy.