Figure State
State and local taxes tend to increase inequality because they rely heavily on highly regressive sales taxes and comparatively flat personal income taxes.
Percentage | |
---|---|
Sales/Gross receipts tax | 0.34939946 |
Property tax | 0.31463252 |
Individual income tax | 0.23526695 |
Other | 0.10070107 |
Corporate income tax | 0.03392376 |
Motor vehicle license tax | 0.01882129 |
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