'Fundamentally unfair:' How states tax the richest 1 percent at half the rate of the poor
(Source: Think Progress, January 30, 2013)
The poorest Americans are subject to a tax rate at the state and local level that is twice as high as the tax rate paid by the wealthiest earners thanks to “fundamentally unfair” state tax laws, according to a new report from the Institute on Taxation and Economic Policy (ITEP). Middle-class taxpayers also pay higher effective rates than the wealthy.
Full story: Think Progress
Thursday, January 31, 2013