States want to tax the rich less. They're taxing your purchases more.

States have shifted toward sales taxes as a source of revenue. Hispanolistic/Getty Images Since 1990, states have raised sales taxes while lowering income and corporate taxes Income tax cuts can attract workers, but sales tax hikes risk creating budget shortfalls. Sales taxes hit low earners harder, clashing with public calls to tax the wealthy more. As many voters clamor for higher taxes on the ultrawealthy and corporations, many states have moved in the opposite direction: lowering taxes ...