October 4, 2021
.ITEP Staff
October 4, 2021
The origins of the racial wealth gap are far from mysterious. A long history of injustices and exclusionary policies and social practices created an economic system that privileges wealth and perpetuates the historical advantages bestowed on white individuals and families.
Ending these inequities will require a concerted effort across policy areas at all levels of government. For states, one important component of this effort should be personal income tax reform. A new ITEP report offers a roadmap to creating a more equitable tax system. The report emphasizes rooting out regressive tax subsi
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