In 41 States, Richest 1 Percent Pay Lowest Tax Rate of Any Group
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The richest 1 percent are benefiting greatly from highly regressive state and local tax codes across the U.S., with tax laws strongly favoring concentrating more wealth in the hands of the rich in the vast majority of states, a new report reveals. According to a report on state and local tax codes by the Institute on Taxation and Economic Policy (ITEP), the vast majority of state tax and local...