“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.
Prosperity gospel is like the most grotesque, final boss form, of The Just World Fallacy. The fact that it doesn’t even have a quiet part, and just comes out swinging with full-throated equivocation of money and power to god’s love, is disgusting and truly terrifying. It’s like peering through a time vortex straight into the worst parts of dark age Europe. Thanks, I hate it.