October 17, 2018

Uprise RI: Low-income Taxpayers in Rhode Island Pay Over 50 Percent More in Taxes Than the Wealthiest

ITEP Work in Action

There’s a practical reason for Rhode Island and all states to be concerned about regressive tax structures, according to ITEP. If the nation fails to address growing income inequality, states will have difficulty raising the revenue they need over time. The more income that goes to the wealthy (and the lower a state’s overall tax rate on the wealthy), the slower a state’s revenue grows over time.

Read more