NewsRadio WFLA: Poorest Floridians Taxed at Higher Rate than Richest Californians
media mentionFlorida Policy Institute (FPI) and the Institute for Taxation and Economic Policy (ITEP) released a study today that found California’s tax system is fairer than Florida’s.
Eli Byerly-Duke, a state policy analyst at ITEP and co-author of the study, says, “Some people like to call Florida a ‘low-tax’ state, but the state only has low taxes for the wealthy. While the richest 1 percent of Florida pay only 2.7 percent of their income in state and local taxes, working families pay three and a half times as much. In contrast, many families with modest incomes in ‘high tax’ California pay less than Floridians, while even the richest 1 percent of Californians pay lower taxes than the poorest 20 percent of Florida families.”