A study shows that Illinois has one of the most unfair tax systems in the United States. According to research done by Wallethub, Illinois is ranked at number 47 out of 50 states in the U.S. with the most unfair tax systems. Arkansas, Hawaii, and Washington are the three states that fall behind Illinois.
“To rank the states, Wallethub conducted a nationally representative online survey of 1,050 individuals to assess what Americans think a fair state and local tax system looks like. Our analysts then compared what Americans think is fair to data on the real structure of tax systems in all 50 states.”
The Wallethub survey also states that Americans favor a progressive tax structure where higher income households pay a larger percentage than lower income households.
Illinois ranked number 7 in the “Top Ten States Where the Middle Class (40-60% income quintile) are Most Overtaxed” and ranked number 2 in the “Top Ten States Where the Poor (bottom 20%) are Most Overtaxed.”
This comes after a study in May by the Institute on Taxation & Economic Policy put Illinois’ flat income tax in the “Terrible Ten” across the country.
This also comes at a time when Illinois is struggling to fix its economy. Unequal taxing has been a problem for years and recently the issue of raising the minimum wage has been brought up. As the November election grows near, voters will be looking at how the candidates stand on these issues to decide their vote.