Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, and Wyoming all have no state income tax. Am I missing something, or is this graph just misinformation?
Pretty well every state charges a combination of those to fund their state. Some have all 3, some rely on just 1. But they all combine to be part of a person’s tax burden.
As a proportion of their income maybe, but X% sale tax of one rich dude’s glamour item(s) - expensive cars, boats jewelry, fashion, etc) could exceed the taxes from many many lower-income essentials.
I don’t buy this, man. Groceries aren’t taxxed, and I just don’t see how a lower income individual could physically buy the same amount of taxed goods as a multimillionaire
Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, and Wyoming all have no state income tax. Am I missing something, or is this graph just misinformation?
Pretty well every state charges a combination of those to fund their state. Some have all 3, some rely on just 1. But they all combine to be part of a person’s tax burden.
The states that rely on sales taxes for most of their income are the most likely to tax the poor the most, since the poor spend more of their income.
As a proportion of their income maybe, but X% sale tax of one rich dude’s glamour item(s) - expensive cars, boats jewelry, fashion, etc) could exceed the taxes from many many lower-income essentials.
I don’t buy this, man. Groceries aren’t taxxed, and I just don’t see how a lower income individual could physically buy the same amount of taxed goods as a multimillionaire
Penny power bitches.
Looks like mods gay