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What do you mean by a very slim margin? If you believe that the regressive nature of state taxes balances the progressive nature of Federal, do you believe tha
by ameister14 9y ago
What do you mean by a very slim margin?
If you believe that the regressive nature of state taxes balances the progressive nature of Federal, do you believe that state income tax collects as much as Federal, or are you simply counting them equally because they are both types of taxes? If the latter, why would you say that the rich don't pay more, percentage wise? If the former, why do you believe this?
- TheCoelacanth 9y agoI believe they are counting all taxes, not just income taxes. Sales and excise taxes often hit the poor very hard. On average, across all states the bottom 20% pay 10.9% of their income in taxes while the top 1% pay 5.4%. In Washington, which has no income tax and a high sales tax, the poorest 20% pay 16.8% of their income and the top 1% pay only 2.4%. [1] [1] https://itep.org/whopays/#The%2010%20Most%20Regressive%20State%20&%20Local%20Tax%20Systems https://itep.org/whopays/#The%2010%20Most%20Regressive%20Sta...