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States Cut Taxes at the Top and Collect More at Checkout
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Subscribe27 JUL 2026 / ACCOUNTING & TAXES
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US state governments have increasingly been cutting income and corporate tax rates whilst raising sales tax rates, according to research from the Institute on Taxation and Economic Policy. Over the past three decades, states have cut top personal income tax rates 210 times and increased them 73 times, whereas sales taxes were raised 68 times and reduced 29 times, highlighting the shift towards taxation strategies that impact lower-income households to a greater extent.
A state can announce an income tax cut with a ribbon, a podium, and a neat percentage. A sales tax increase arrives differently. It slips into the receipt for school supplies, a replacement appliance, or the Friday takeout order nobody felt like cooking....
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