Paul Marks has a question for the blogosphere
Some weeks ago I bought a copy of the American journal Liberty (the September edition). I bought the publication because it had an interesting section on State and local taxes in the United States (written by R.W. Bradford).
On reading the section I found various minor errors (which I will not bore you all with), but one feature of the section keeps tormenting me.
Mr Bradford makes a major point of families in Connecticut paying over a fifth of their incomes in State and local taxes (with the biggest bite coming from property taxes).
Is this really true? Do families in Connecticut really lose more than a fifth of their income (regardless of whether the family income is 25,000 dollars or 150,000 dollars – or anything in between), to the various State and local taxes (income tax, sales tax, property tax and so on).
You see Connecticut is a high income State (so the Feds income tax takes a big chunk of Connecticut incomes). If the State and local governments take more than 20% of people’s incomes (in one way or another) and the Feds take another large junk (in Social Security tax, Income Tax and so on) then people in Connecticut are rather more harshly taxed than people in Britain.