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Originally Posted by n8xwb
The article makes no sense to me! For example they state, "These states tax their poorest residents — those in the bottom 20 percent of the income scale — at rates averaging three times higher than those charged to the wealthy."
Last I checked the only taxes we have in Florida are sales tax & property tax. Both of those rates have nothing to do with being rich or poor. If you buy more, you pay more. If you own a larger home you pay more. What's wrong with that? Works for me!
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Sales tax is regressive - it hits poor people harder than rich people. Let's say 2 mothers are buying clothes and school supplies for their children. One mother is poor and the other is rich. They both buy the same total amount. The poor mother barely can afford her purchases and the additional sales tax is significant to HER. But not to the rich mother - the purchases AND the sales tax are just a small "drop in the bucket" to her.
.........That is why sales tax affects the upper class LESS than the lower class.
.........And as far as property tax goes, most lower class people can't afford to buy real estate.