[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Sign-in] [Mail] [Setup] [Help]
Status: Not Logged In; Sign In
National News See other National News Articles Title: These Are The Most Taxed States In America This graphic, via Visual Capitalist's Bruno Venditti, is based on research by WalletHub, which ranked states by total tax burden, combining property, income, and sales taxes as a share of personal income. Data is from the Tax Policy Center as of March 2025. Hawaii Tops the Nation in Total Tax Burden Hawaii holds the highest total tax burden in the United States, with residents contributing nearly 14% of their income to state and local governments. This includes 4.2% in income taxes, 2.6% in property taxes, and a substantial 7.2% in sales and excise taxes. In contrast, Alaska has the lowest overall tax burden. Residents there pay no state income tax, only 3.5% of their income in property taxes, and just 1.5% in sales and excise taxesresulting in a total tax burden of only 4.9%. Individual Income Tax Topping the list is New York, followed closely by California, Maryland, Oregon, and Hawaii. These states tend to have more progressive tax systems and offer extensive public services and infrastructure, which are often funded by higher income taxes. On the other hand, five statesAlaska, Florida, Nevada, South Dakota, and Tennesseeare tied for having the lowest individual income tax burdens, all ranked 43rd. This is because these states do not levy a state income tax at all. Property Tax At the top of the list are Vermont, New Hampshire, and New Jerseystates known for higher living costs and robust public services, which often rely on property taxes for funding. Rounding out the top five are New York and Maine. On the opposite end, states like Alabama, Arkansas, and Oklahoma have the lowest property tax burdens, with Tennessee and Delaware also ranking near the bottom. Poster Comment: Table with rates did not copy. TN is 47th. Only NH, Wy and Alaska scored lower. Post Comment Private Reply Ignore Thread
|
||
[Home]
[Headlines]
[Latest Articles]
[Latest Comments]
[Post]
[Sign-in]
[Mail]
[Setup]
[Help]
|