Apr 17, 2012 at 2:58 pm
I ushered in tax day this morning with a post in praise of progressivity in the federal tax code. I should have pointed out that you don’t see that at all—to the contrary—in the state and local tax code.
Courtesy of the great Citizens for Tax Justice, here are effective rates (tax liability as a share of income) by income group with federal next to state/local. The former is a staircase (though less steep than it used to be), the latter, essentially flat, though if anything, slightly regressive at the top.
Thank you for joining the conversation. Comments are limited to 1,500 characters and are subject to approval and moderation. We reserve the right to remove comments that: