September 26, 2017

Dallas Fed: Texas Taxes: Who Bears the Burden?

ITEP Work in Action

…Overall, the state’s tax system is less equal across income quintiles than the national average. A key reason is the state’s reliance on the sales tax, which as a share of income is 8.6 percent for those in the bottom quintile but only 2.2 percent in the top quintile…


Read the full report here.