June 30, 2020

Nonprofit Quarterly: The $370 Billion Fiscal Cliff: Why State Budgets Need Our Attention

media mention

A 2018 study released by the nonprofit Institute on Taxation and Economic Policy finds that the poorest fifth spend on average 11.4 percent of their income on state and local taxes, compared to 7.4 percent for the top one percent. As Peter Sabonis wrote for NPQ this spring, particularly during times of crisis, we rely on people to pay what they can to cover the cost of needed public services. Yet, Sabonis adds, “we already know who doesn’t.”

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