States where Americans pay the least (and most) in taxes

Source: USA TODAY | Feb. 20, 2018 | Evan Comen and Thomas C. Frohlich, 24/7 Wall Street

In the U.S. federalist system, each state government decides how to generate revenue — that is, which taxes to collect, and how. No state tax code is identical and, largely as a result, what the average American pays annually in taxes varies from state to state.

24/7 Wall Street reviewed the tax burden of residents in each state…

According to the report, tax burdens in the 2012 tax season were as low as 6.5% in Alaska and as high as 12.7% in New York.

High-tax-burden states collect more taxes and at higher rates, while lower-burden states collect less taxes and at lower rates.

For example, in the 10 highest-burden states, individual income tax collections per capita in fiscal 2015 exceeded the national average of $967. By contrast, five of the 10 states with the lowest tax burden collect no income tax. Similarly, property taxes tend to exceed the national average in high-burden states, while they tend to be lower in states at the other end of the tax-burden spectrum.

 

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  • Woodcutter #21898

    Where in the list is your state?

    Top 10 High tax states:

    1. New York
    2. Connecticut
    3. New Jersey
    4. California
    5. Illinois
    6. Wisconsin
    7. Maryland
    8. Rhode Island
    9. Minnesota
    10. Massachusetts
    Woodcutter #21899

    Top 10 lowest tax states:

    1. Alaska
    2. Wyoming
    3. South Dakota
    4. Tennessee
    5. Louisiana
    6. Texas
    7. New Hampshire
    8. Nevada
    9. South Carolina
    10. Oklahoma
    Woodcutter #21900
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