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[JZ's note:The JRLC graph of effective tax rates is shown below -- ]
Thursday, February 12, 2009
Minnesota Tax Incidence Study
The Minnesota Department of Revenue released a report in 2007 entitled "2007 Minnesota Tax Incidence Study." (Punchy title, huh) Given our recent class discussions, I thought others may be interested in reading the report. Also, the Joint Religious Legislative Coalition has put together a business card-sized chart from the report that shows a 2009 estimate for effective tax rates by population decile for all state and local taxes. Unfortunately, the results reveal that Minnesota's state and local tax system disproportionately impacts low-income households.
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Ryan, thanks a lot for posting the short blog! The graphs of effective tax rates are very informative. The tax incidence study reminds to briefly introduce the terminology to our class next time.
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