Income inequality is hurting state tax revenue

Income inequality is hurting state tax revenue

WBEZ brings you fact-based news and information. Sign up for our newsletters to stay up to date on the stories that matter.
A report released today but Standards and Poor,says income inequality is hurting state tax revenue. The report found that high earners spend less of their savings than their lower earning counterparts. Gabriel Petek, the lead analyst on the report joins us to talk about what this means for state finances and state tax policies.