March 26, 2015

Tucson Weekly: It’s True. Arizona Taxes Screw the Poor

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In general, WalletHub is a font of half-baked statistics (I mean, it declared Tucson the fifth best city in “Efficient Spending on Education” because we spend so little on schools). But in this case, they got it right, and the Institute on Taxation and Economic Policy, which Fischer also cited, got it even more right in its Distributional Analysis of the Tax Systems in All 50 States. Skip down to page 33 for the Arizona information. Arizona is “#8 of the Terrible 10” when it comes to tax inequality. By its calculations, the top 1 percent pays 4.6 percent of its income on state and local taxes. The bottom 20 percent pays 12.5 percent. (They exclude elderly taxpayers from the study). Here’s the graph breaking it down.

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