Perry Brags About Texas’ Tax System That Charges The Poor Four Times As Much As The Rich

link to ThinkProgress

By Pat Garofalo on Sep 16, 2011 at 12:00 pm

Texas Gov. Rick Perry (R) was on the campaign trail in Newton, Iowa today, reviving his stump speech promise to make government “as inconsequential in your life as I can.” At one point, Perry bragged about the Texas tax system and its light burden on “job creators”:

We had a tax policy in place that allowed for our job creators to not be burdened, still delivering the services that the people desire in the state of Texas. So have a tax policy that is as light on the job creators as we can.

As Matt Yglesias has noted, in reality Perry’s tax system “has done a great job of soaking the poor.” In fact, according to the Institute on Taxation and Economic Policy, someone in the poorest 20 percent of Texans can expect to face a tax rate four times as high as a Texan in the richest 1 percent:

[...] [see original article for graph]


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