Investor Presentaiton
DJFO
California
ITEP Tax Inequality Index Ranking
California's state and local tax system does not worsen income
inequality and ranks 47th on ITEP's Tax Inequality Index.
State and Local Taxes as Share of Family Income
Lowest 20 percent
Second 20 percent
Middle 20 percent
Fourth 20 percent
Next 15 percent
Next 4 percent
Top 1 percent
RANK 47
11.7%
California
10.3%
10.4%
Total Taxes
Share of family income
11.0%
10.8%
11.7%
12.0%
11.0%
10.3%
10.4%
10.8% 10.4%
10.4%
12.0%
Lowest Second
20%
Less than
$25.300
20%
$25,200 to
$48,800
$400 to
SO L100
Third Fourth Next
20%
20%
$86,100 to
$145,900
15%
$145,900
$352,300
Next
4%
$352,300
$862,100
Top
1%
Over
$162100
Top 20%
1 Baldwin Street Montpelier, VT 05633-5701 (802) 828-2295
https://ljfo.vermont.gov
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ITEP WhoPays?
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