NYT: Lower wage earners hit the hardest by local, state taxes

An article recently released by the New York Times shed light on a study produced by the Institute of Taxation and Economic Policy that shows how lower wage earners pay a large percentage of their income in local and state taxes than the middle fifth and 1 percent of Americans.

In Michigan, according to the study, the share of a family income of non-elderly taxpayers paid in state and local taxes was 5.1 percent. The lowest 20 percent paid 9.2 percent of their family income in state and local taxes, the second lowest 20 percent paid 9.4 and the middle lowest paid 9.2 percent. To learn more about who pays what in state and local taxes in Michigan click here. For the whole report click here.

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