The Christian Science Monitor: Coming This Tax Season–Tax Laws Favoring the Rich
media mention“The vast majority of states allow their very best-off residents to pay much lower effective tax rates than their middle- and low-income families must pay,” concludes the recent report by the Institute on Taxation and Economic Policy (ITEP), a left-leaning research group.
The organization argues that it’s unfair for wealthy residents of a state to pay lower tax rates, and also that the system is making it harder for states to balance their budgets.