KNOE (CBS Louisiana Affiliate): Study Says Those Who Earn the Least Pay the Most
media mentionThey say nothing in this life is as certain as death and taxes, and for some taxes mean death to a living wage. A recent study by The Institute of Taxation and Economic Policy says the lowest 40-percent of workers pay 10-percent of their income toward taxes, and the top 20-percent pay between 6.9 and 4.2-percent.