Study says Tenn. tax code undoes 33% of income federal taxes inequity-reducing effect


According to a Wall Street Journal report the federal tax code reduces income inequality significantly, taking more from the rich than it does from the middle class and the poor. What about state taxes, often ignored in the inequality conversation because data are so hard to come by?

However, Tennessee, Mississippi and West Virginia state taxes undo about one-third of the inequality-reducing force of federal taxes.

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