,Initiative 1098: Fixing the most regressive tax system in the country

Initiative 1098: Fixing the most regressive tax system in the country


 

Publication Date: June 2010

Publisher: Economic Opportunity Institute

Author(s): Marilyn P. Watkins; John Burbank

Research Area: Banking and finance; Government

Type: Fact sheet

Coverage: Washington

Abstract:

A recent study has concluded that Washington State has the most regressive tax system in the country, taxing the lowest 20% of earners over 17% of their income, while the wealthiest 1% pay just over 2%. This fact sheet explains how this is possible, and details the data economists use to determine tax rates.