Whoa, the poor get screwed! (in Off-topic)


AdminQBVerifex [Serenity In Chaos] October 20 2010 2:43 PM EDT

Here in my state, according to this report by the Institute on Taxation & Economic Policy. http://www.itepnet.org/whopays3.pdf

Shadow Ruler October 20 2010 2:54 PM EDT

From a libertarian's POV this is all kinds of wrong...

QBBast [Hidden Agenda] October 20 2010 2:56 PM EDT


Err ... including property tax is naturally problematic. I wouldn't think that many who earn less than $20k annually own property, but those that do are apparently paying $800 on it. People who make half-a-million per year are paying $5k in property taxes. Is this what I'm seeing?

Minnakht October 20 2010 4:28 PM EDT

Why were income taxes conveniently left out?

AdminTitan October 20 2010 4:30 PM EDT

Washington state doesn't have corporate or personal income tax...

QBRanger October 20 2010 6:20 PM EDT

Yes,

The sale tax is a regressive type of tax.

However the discrepancy can be mitigated if one also looks at federal income tax in addition to the local and state taxes.

Hardly anyone making less than 50k paid any federal income tax and the brunt of federal taxes are paid by the "wealthy".

http://www.ntu.org/tax-basics/who-pays-income-taxes.html

I believe there is a bill to be voted creating a "millionaires" tax. Supported by Bill Gates and his dad as well as the unions. Opposed by a lot of others.

One last thing:

Cigarette and alcohol taxes are some of the most regressive taxes since most of the usage of these products are by the lower income levels. That figures quite a lot in the chart in the OP.
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