In 41 States, Richest 1 Percent Pay Lowest Tax Rate of Any Group

From an article in Truthout by Sharon Zhang:

The wealthiest Americans are reaping the most benefits from regressive tax codes. In 41 states, the report found, the top 1 percent richest households pay a lower proportion of their incomes than the rest of the population, despite having the most ability to part with their incomes; and in all but four states, the top 1 percent are taxed less than the middle 60 percent, a group often categorized as the “middle class” by economists.

In 34 states, meanwhile, the families with the lowest incomes not only pay more of their incomes in taxes than the richest households, they also pay the highest tax rate of anyone else in the state.

…In Florida, which ranked the worst on ITEP’s inequality index, the top 1 percent pay only 2.7 percent of their incomes on taxes on average, while the lowest 20 percent pay 13.2 percent — nearly five times more.

https://truthout.org/articles/in-41-states-richest-1-percent-pay-lowest-tax-rate-of-any-group/

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