2/9/2024 0 Comments What are the main differences between the flat, regressive, and progressive tax plans?![]() ![]() ![]() Five US states have income tax codes that are more progressive than the US federal tax code. ![]() Meanwhile, on the other end of the spectrum, 31 states have income taxes that would rank alongside the three least progressive income tax codes in the OECD. We find that, using the same measure for the states as was used for the OECD, New York and California have tax codes more progressive than any OECD nation, even France or Portugal. However, state income tax structures within the United States have just as much variation, in terms of progressivity, as OECD nations' income tax structures. Yesterday, we presented data showing that the United States’ tax A tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities.Ĭode is among the most progressive in the OECD when we compare Federal-level taxes, and an average value for state taxes. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |