News@lemmy.worldEnglish • 1 year ago

Forty-four of 50 US states worsen inequality with ‘upside-down’ taxes

www.theguardian.com

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Forty-four of 50 US states worsen inequality with ‘upside-down’ taxes

www.theguardian.com

News@lemmy.worldEnglish • 1 year ago

New research found that poorest fifth pay a tax rate 60% higher, on average, than the top 1% of households

Chat

@MNByChoice@midwest.social
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fedilink
6•1 year ago
It is wild that California has 5 steps to $66,295. After that the groupings are huge. Very interesting.
- @nbafantest@lemmy.world
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  fedilink
  2•1 year ago
  Yeah the tax rate scales up so fast

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