No surprise here. The Institute on Taxation and Economic Policy (ITEP) is out with its annual analysis of state tax policy.
From the executive summary:
In the 10 states with the most regressive tax structures (the Terrible 10) the bottom 20 percent pay up to seven times as much of their income in taxes as their wealthy counterparts. Washington State is the most regressive, followed by Florida, Texas, South Dakota, Illinois, Pennsylvania, Tennessee, Arizona, Kansas, and Indiana.
In Arizona, the bottom 20% by income pay on average 12.5% of their income in state and local taxes. The top 1%? They pay just 4.6%.
Believe it or not, there are actually seven states with worse tax policy than Arizona. But I’m guessing that won’t last. We just elected Doug Ducey.
Yea, too bad but look on the bright side it could have been McCain or Arpaio instead!