Peterson
State and local taxes tend to increase inequality because they rely heavily on highly regressive sales taxes and comparatively flat personal income taxes.
Percentage | |
---|---|
Individual income tax | 0.235266951 |
Corporate income tax | 0.033923758 |
Sales/Gross receipts tax | 0.349399459 |
Motor vehicle license tax | 0.01882129 |
Property tax | 0.314632517 |
Other | 0.047956024 |
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