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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
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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

    • #minnesota
    • #Sharon Schmickle
  • 1 year ago
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  1. enemyswim reblogged this from bigboxcar
  2. missspite reblogged this from cmonstah
  3. missspite liked this
  4. musichistory liked this
  5. bigboxcar reblogged this from freshmn
  6. ekstasis liked this
  7. goldencalves liked this
  8. 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...
  9. mustpaint liked this
  10. francesthemute reblogged this from freshmn and added:
    FOXTROT UNIFORM CHARLIE KILO PAWLENTY.
  11. freshmn reblogged this from minnpost and added:
    *sigh* Edited to add the article starts this way:...Yup, although when you’re voting on a...
  12. a-eliz reblogged this from s4xton and added:
    Someone needs to tell them their list is fucking backwards
  13. hragv reblogged this from s4xton and added:
    I don’t understand why the wealthier someone is the less tax they pay.
  14. s4xton reblogged this from minnpost
  15. robosheep liked this
  16. 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
  17. edkohler liked this
  18. minnpost posted this
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