Young Philly Politics - Regressive Taxes http://youngphillypolitics.com/?q=taxonomy/term/2920/0 en Pennsylvania Among 'Terrible 10' Most Regressive Tax States http://youngphillypolitics.com/?q=pennsylvania_among_039terrible_10039_most_regressive_tax_states <p><strong>By Chris Lilienthal, <a href="http://thirdandstate.org/2013/january/pennsylvania-among-terrible-10-most-regressive-tax-states">Third and State</a></strong></p> <p>Working families in Pennsylvania pay a far higher share of their income in state and local taxes than the state’s wealthiest earners, according to a new study by the Institute on Taxation and Economic Policy (ITEP).</p> <p>Pennsylvania’s tax system scored so poorly that it made the list of the “Terrible 10” most regressive tax states in the nation.</p> <p>The Pennsylvania Budget and Policy Center (PBPC) co-released the report, <a href="http://www.itep.org/whopays/" target="_blank"><em>Who Pays? A Distributional Analysis of the Tax Systems in All 50 States</em></a>, with ITEP. PBPC Director Sharon Ward made the point in a <a href="http://pennbpc.org/whopays" target="_blank">press release</a> that "No one would deliberately design a tax system where low-income working families pay the greatest share of their income in taxes, but that is exactly the type of upside-down tax system we have in Pennsylvania.”</p> <p>Middle-income families in Pennsylvania pay more than double the share of their income in taxes than the very wealthiest Pennsylvanians, while low-income families pay nearly three times as much as top earners, the report found. Get more details on the report, including a Pennsylvania fact sheet, <a href="http://pennbpc.org/whopays">here</a>.</p> <p><a title="Click for a larger view" href="http://pennbpc.org/sites/pennbpc.org/files/PA-GRAPHIC.jpg"><img src="http://pennbpc.org/sites/pennbpc.org/files/PA-GRAPHIC.jpg" alt="PA State &amp; Local Taxes: Shares of family income for non-elderly taxpayers" width="525" /></a></p> <p>The report should bury once and for all the myth of the makers vs. the takers. Low-income families in Pennsylvania are paying much more of their income in state and local taxes than the top 1%.</p> <p><a href="http://youngphillypolitics.com/?q=pennsylvania_among_039terrible_10039_most_regressive_tax_states">read more</a></p> http://youngphillypolitics.com/?q=pennsylvania_among_039terrible_10039_most_regressive_tax_states#comments Low-income Families middle class Pennsylvania Regressive Taxes Tax Equity Taxes http://youngphillypolitics.com/?q=crss/node/8568 Fri, 01 Feb 2013 17:47:00 +0000 Thirdandstate.org 8568 at http://youngphillypolitics.com