‘Fundamentally Unfair’: How States Tax Their Richest 1 Percent At Half The Rate Of The Poor

‘Fundamentally Unfair’: How States Tax Their Richest 1 Percent At Half The Rate Of The Poor: 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 [...]/p