States want to tax the rich less. They're taxing your purchases more.

Source: Business Insider

States have shifted toward sales taxes as a source of revenue. Hispanolistic/Getty ImagesSince 1990, states have raised sales taxes while lowering income and corporate taxesIncome tax cuts can attract workers, but sales tax hikes risk creating budget shortfalls. Sales taxes hit low earners harder, clashing with public calls to tax the wealthy more.

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States want to tax the rich less. They're taxing your purchases more.

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