Delaware's tax system was just named 4th most 'fair' in the country - Delaware


Sep. 22, 2015 7:05 am

Delaware’s tax system was just named 4th most ‘fair’ in the country

The First State trailed behind only Montana, Oregon and South Carolina in a WalletHub study of tax fairness. The data is based off a survey that asked 1,050 Americans what a fair tax system looked like.

The First State is the fourth state in terms of tax fairness.

(Photo by Flickr user 401(K) 2012, used under a Creative Commons license)

A new WalletHub study is determined to solve a question that has seemingly perplexed lawmakers around the globe since the dawn of the advanced civilization: What does a fair tax system look like?

The personal finance social network surveyed 1,050 Americans online, asking what percentage of income they think households at 10 different income levels (ranging from $5,000 to $2.5 million) should pay in both state and local taxes. Responses (ranging from 0 to 25 percent) were then averaged for each income level.

The survey found that most Americans think “fair” tax systems are designed to impose higher taxes on higher-income households and lower taxes on lower-income households.

WalletHub then compared that data directly to state tax burden data from the Institute on Taxation and Economic Policy to determine their master rankings.

The top five most fair state tax systems, in order: Montana, Oregon, South Carolina, Delaware, Idaho.

“Current state and local tax systems are, on average, extremely unfair,” the survey concluded. “While most Americans — liberals and conservatives — think a progressive tax system is most fair, virtually every state has regressive state and local tax structures.”

Read the full story -30-
Already a member? Sign in here
Connect with companies from the community
New call-to-action


Meet 11 of Delaware’s up-and-coming technologists of color

US patent data analysis ranks Delaware No. 1 in innovation

Bank of America’s presence in the City of Wilmington is dwindling



Verizon is looking for the brightest ideas on how to use its 5G technology

New Castle

Wilmington University

Web Developer (Full-Time)

Apply Now
Philadelphia OR Baltimore

Technically Media Editorial Intern (Fall 2019)

Apply Now

Young Conaway

Entry-Level Corporate Legal Administrative Assistant

Apply Now

We tried 5 Delaware Alexa skills (so you don’t have to) Delaware’s top 10 posts of 2017

The 16 Delaware companies that made Inc. 5000 2017



Escape the August heat with cool AI tech


Tech Solutions Inc

NOC (Network Operations Center) Technician

Apply Now


Analyst, Recruiting Coordinator

Apply Now
Malvern, PA


Senior Front End Engineer – CX Journey Lab

Apply Now

Sign-up for daily news updates from Delaware

Do NOT follow this link or you will be banned from the site!