From the bottom of the graphic:
“Total tax burden based on property tax, individual income tax, and sales & excise tax.“
Several states have no state income tax at all, so it wouldn’t make sense to only look at that.
What does make this a bit of an unfair comparison is that it doesn’t break it down by income. Compare tax burdens for the bottom quartile earners and it tells a different story.
What does make this a bit of an unfair comparison is that it doesn’t break it down by income. Compare tax burdens for the bottom quartile earners and it tells a different story.
I’m curious how they handle rentals with regard to tax VS income. Obviously, the landlord is paying the property tax, but they’re rolling that into rent. I assume it gets counted as their tax burden, but they’re not really the ones paying it. The renter is paying that surplus cost from their income, but I’m guessing it’s not counted as part of their tax burden.
I also don’t know how that all shakes out when you look at it over the population. It might average out the same, regardless of who gets credit for the payment, but I agree that a breakdown by income would be very interesting.
From the bottom of the graphic: “Total tax burden based on property tax, individual income tax, and sales & excise tax.“
Several states have no state income tax at all, so it wouldn’t make sense to only look at that.
What does make this a bit of an unfair comparison is that it doesn’t break it down by income. Compare tax burdens for the bottom quartile earners and it tells a different story.
I’m curious how they handle rentals with regard to tax VS income. Obviously, the landlord is paying the property tax, but they’re rolling that into rent. I assume it gets counted as their tax burden, but they’re not really the ones paying it. The renter is paying that surplus cost from their income, but I’m guessing it’s not counted as part of their tax burden.
I also don’t know how that all shakes out when you look at it over the population. It might average out the same, regardless of who gets credit for the payment, but I agree that a breakdown by income would be very interesting.