A new report shows that the poorest Americans pay a much larger proportion of their income in state and local taxes than the the wealthy

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By elboriyorker

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15 thoughts on “How Local Taxes Fuel America’s Income Inequality Machine”
  1. Wow! if we don't want to tax the rich then i guess the state has to stop spending like crazy. go back to 10 century system no government.

  2. Republicans should love the estate tax. The continuation of wealth through familial ties instead of labor is counter to their core values and creates an elite class who have far more political power than your average american (especially with things like super pacs). The estate tax should be seen as a way to fight against an aristocracy.

  3. Taxation is theft. Government is corrupt, and has no duty to protect anyone. If the government ever collapses, the wealthy aristocrats will have to flee for their lives, and I'm OK with that.

  4. You pay taxes all your life and then when you die the state wants to tax your remaining assets again. What a crap tax. So glad Australia has no such stupid tax.

  5. 50% inheritance tax? That is robbery. Why not try tax policies than encourage wealth creation, not ones that penalize it?

  6. As an example, members of the second generation Walmart family have
    little interest in anything other than travel and personal pleasure.
    All they know is that money is not a problem.
    Their great wealth is really a block of capital that is presided over by
    money managers and hedge funds that are in for a cut of quarterly
    profits. These are the real lobbyist for exempting great inherited wealth from taxes

  7. Its funny though.
    Republicans frame the estate tax like it affects middle class workers.
    I highly doubt any middle class worker families will get 10 million dollars in assets over their life.
    basically nobody ends up with 10 million, so why does it keep getting voted in by the middle class that think they will be affected by it.
    (i know its the hallucination of the american dream)

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