Business Insider· 1h ago· 1 min read
<figure><img src="https://i.insider.com/68125564a466d2b74ab498ee?format=jpeg" height="5773" width="8660" alt="a person holding a grocery store reciept at the supermarket"><figcaption>States have shifted toward sales taxes as a source of revenue.<p class="copyright">Hispanolistic/Getty Images</p></figcaption></figure><ul class="summary-list"><li>Since 1990, states have raised sales taxes while lowering income and corporate taxes</li><li>Income tax cuts can attract workers, but sales tax hikes risk creating budget shortfalls.</li><li>Sales taxes hit low earners harder, clashing with public calls to tax the wealthy more.</li></ul><p>As many voters <a target="" class="" href="https://www.businessinsider.com/zohran-mamdani-kathy-hochul-proposed-tax-nyc-explain-2026-4">clamor for higher taxes</a> on the ultrawealthy <a target="" class=""…
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