March 2019 Posts

Pennsylvania’s Tax Structure Worsens Income Inequality, the Racial Wealth Gap and Contributes to our Revenue Inadequacy

State tax systems across the United States vary tremendously in their structure, resulting in varied impacts on income inequality, racial wealth disparities, and revenue adequacy. As the Institute on Taxation and Economic Policy’s new report shows, states with no personal income tax or a flat personal income tax rate tend to fare the worst.