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Kyle Pomerleau: State and local taxes are moderately progressive

Kyle Pomerleau: State and local taxes are moderately progressive
State and local taxes moderately progressive

Kyle Pomerleau argues that state and local taxes in the U.S. are moderately progressive, countering the perception that these taxes are regressive.

He emphasizes the importance of accurate accounting in understanding the true nature of these tax systems.

Pomerleau has previously noted that tax deductions for mortgage interest are more generous for rental properties than for homeowners. He has also examined whether tax systems can target excess business returns without discouraging new investment, according to a separate analysis on taxing excess business returns. These contributions reflect his ongoing focus on specific mechanisms within the U.S. tax code.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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