INSTITUTE INDEX: Regressing further on taxes?
Of the world's 34 most developed nations, rank of the U.S. among the least taxed: 3
Percent of the U.S. gross domestic product represented by total tax revenue -- federal, state, and local -- collected in 2010: 24.8
Percent for the developed countries excluding the U.S.: 33.4
Rank of the U.S. for income inequality among the developed nations due in part to the tax system: 4
Percent decline since 1980 in the U.S. tax system's effectiveness at reducing income inequality: 30
Considering all of the combined state and local income, property, sales, and excise taxes paid, the average overall effective tax rate for the poorest 20 percent of U.S. taxpayers: 11.1%
For the middle 20 percent: 9.4%
For the top 1 percent: 5.6%
Of the five states with the least regressive tax systems*, number in the South: 0
Of the 10 states with the most regressive tax systems**, number in the South: 4
Date on which Gov. Bobby Jindal (R) of Louisiana, which is currently not among the 10 states with the most regressive tax systems, proposed a plan to eliminate his state's income and corporate taxes and pay for the cuts with increased sales taxes: 1/10/2013
Date on which Jindal announced he would "park" the plan, which came under fire for its regressive nature: 4/8/2013
Number of income-tax repeal bills still pending in the Louisiana legislature: 10
Percent of Louisiana's revenue raised by the state income tax: 14 to 17
Percent for most states: 25 to 40
Percent for North Carolina, where there is also talk of eliminating the state income tax: 40
Amount that would have to be carved out of Arkansas' budget if a bill now being considered to cut the state's personal income tax passes: $57 million
Rate by which job growth lagged In states that enacted the biggest 1990s tax cuts compared to states that took a more cautious approach: 1/3
Percent of Louisiana voters who in a recent poll said they opposed Jindal's tax plan: 63
In the same poll, Jindal's approval rating among Louisiana voters: 38%
* 1. Delaware, 2. District of Columbia, 3. New York, 4. Oregon and 5. Vermont.
** 1. Washington, 2. Florida, 3. South Dakota, 4. Illinois. 5. Texas, 6. Tennessee, 7. Arizona, 8. Pennsylvania, 9. Indiana and 10. Alabama.
(Click on figure to go to source.)
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Sue Sturgis
Sue is the former editorial director of Facing South and the Institute for Southern Studies.