Effective tax rates in Minnesota, considering state and local taxes (Source: Minnesota Department of Revenue)
The effective rate for the top 5 percent of households, those earning $175,704 and higher, was 9.7 percent — compared with 12.4 percent for a family earning between $31,000 and $40,000.
From “Minnesota’s overall tax burden is increasingly regressive,” by Sharon Schmickle
20 Notes/ Hide
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enemyswim reblogged this from bigboxcar
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cmonstah reblogged this from hragv and added:
Interesting given the rising debate about repealing/maintaining Bush-era tax cuts. Today, former Fed chief and economic...
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mustpaint liked this
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francesthemute reblogged this from freshmn and added:
FOXTROT UNIFORM CHARLIE KILO PAWLENTY.
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freshmn reblogged this from minnpost and added:
*sigh* Edited to add the article starts this way:...Yup, although when you’re voting on a...
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a-eliz reblogged this from s4xton and added:
Someone needs to tell them their list is fucking backwards
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hragv reblogged this from s4xton and added:
I don’t understand why the wealthier someone is the less tax they pay.
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s4xton reblogged this from minnpost
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javise reblogged this from minnpost and added:
There are more than twice as many categorized levels of wealth above me than below me (in dollars earned, not
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minnpost posted this
