The wealthiest families in most states are paying lower tax rates than everyone else, a new analysis found. The new study conducted by analyzed the tax systems across all 50 states and Washington, D.C. by looking into how each seven different income group pays state and local tax rates. The study ultimately found that the lower someone’s income is, the higher their overall effective state and local tax rate is. “On average, the lowest-income 20 percent of taxpayers face a state and local tax rate nearly 60 percent higher than the top 1 percent of households,” the analysis states. In 41 states, the top 1 percent of families have a…
