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submitted 10 months ago* (last edited 10 months ago) by MicroWave@lemmy.world to c/news@lemmy.world

"Almost nobody says we should have the richest pay the least. And yet when we look around the country, the vast majority of states have tax systems that do just that."

Nearly every state and local tax system in the U.S. is fueling the nation's inequality crisis by forcing lower- and middle-class families to contribute a larger share of their incomes than their rich counterparts, according to a new study published Tuesday.

Titled Who Pays?, the analysis by the Institute on Taxation and Economic Policy (ITEP) examines in detail the tax systems of all 50 U.S. states, including the rates paid by different income segments.

In 41 states, ITEP found, the richest 1% are taxed at a lower rate than any other income group. Forty-six states tax the top 1% at a lower rate than middle-income families.

Report: https://itep.org/whopays-7th-edition/

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[-] JustinAngel@lemmy.world 4 points 10 months ago

How about we all stop paying taxes until the fucks start using the income for things other than making foreign peoples dead?

There's enough money in the pot, it's just squandered on things that don't benefit the people. We could accomplish so fucking much with just the amount of cash that the Pentagon misplaces every year.

I'll never understand the obsession with demanding more from the rich while we can't even account for what we already have. Is everything a goddamn distraction campaign?

/rant

[-] ChickenLadyLovesLife@lemmy.world 4 points 10 months ago

the amount of cash that the Pentagon misplaces every year

They don't misplace a penny - every dollar they "waste" is money that goes into somebody's pocket.

[-] hglman@lemmy.ml 1 points 10 months ago

Inequality is its own cancer on society, separate and independent from the enormous sums sent to the military. Both must happen for different reasons.

[-] JustinAngel@lemmy.world 0 points 10 months ago

And the divided focus is why progress on either matter is never achieved. Minor triage obviously reveals the military industrial complex to be the issue most deserving of our attention.

this post was submitted on 10 Jan 2024
803 points (98.5% liked)

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