Category: Presentation

Every few years, the Institute on Taxation and Economic Policy releases its survey of taxes in the states, “Who Pays?” Click here to read the seventh edition, released on January 9, 2024.  A summary of the data for Pennsylvania is found below. This year’s report continues to tell the same story that we have seen for decades. Taxes in Pennsylvania are among the most upside-down in the entire country. The report shows that The lowest-income 20 percent of taxpayers face a state and local tax rate that is 152 percent higher than the top 1 percent of households. The average effective state and local tax rate is 15.1 percent for the lowest-income 20 percent of individuals and families, 11.4 percent for the middle 20 percent, and 6 percent for the top 1 percent. Pennsylvania has the highest tax rate on low-income families in the entire country at 15.1%. Pennsylvania has… Continue reading