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

Lee Duna@lemmy.nz to News@lemmy.world – 395 points –
Forty-four of 50 US states worsen inequality with ‘upside-down’ taxes
theguardian.com
28

You are viewing a single comment

The least regressive jurisdictions are DC, Minnesota, Vermont, New York and California.

Note that those are also generally desirable places to live, so rich people live there anyway, making the whole 'they'll just move if taxes are high' argument bullshit.

It's crazy how fast the California tax rate scales as you make more. The difference between like 50k, 100k, 150k and 200k alone is wild. Each step the rate scales so fast

It is wild that California has 5 steps to $66,295. After that the groupings are huge. Very interesting.

Translation: "WAAAHHHH I'm only making 35K more!!!!!"

Taxes are not free of side effects

True. Those side effects being things like Health Care, Roads, Schools, First Responders, etc...