POLITICSBUSINESS INSIDER
States want to tax the rich less. They're taxing your purchases more.
States have shifted tax revenue sources from income and corporate taxes to sales taxes since 1990, disproportionately affecting low earners. While income tax cuts aim to attract workers, sales tax increases risk budget shortfalls and contradict public demands to tax the wealthy more. Louisiana's 2025 tax adjustments exemplify the instability of this strategy.
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