This map graphic visualizes the total tax burden in each U.S. state as of March 2024, based on figures compiled by WalletHub .
It’s important to understand that under this methodology, the tax burden measures the percent of an average person’s income that is paid towards state and local taxes . It considers property taxes, income taxes, and sales & excise tax. Data and Methodology
The figures we used to create this graphic are listed in the table below. State Total Tax Burden New York 12.0% Hawaii 11.8% Vermont 11.1% Maine 10.7% California 10.4% Connecticut 10.1% Minnesota 10.0% Illinois 9.7% New Jersey 9.5% Rhode Island 9.4% Utah 9.4% Kansas 9.3% Maryland 9.3% Iowa 9.2% Nebraska 9.2% Ohio 8.9% Indiana 8.9% Arkansas 8.8% Mississippi 8.8% Massachusetts 8.6% Virginia 8.5% West Virginia 8.5% Oregon 8.4% Colorado 8.4% Pennsylvania 8.4% Wisconsin 8.3% Louisiana 8.3% Kentucky 8.3% Washington 8.0% New Mexico 8.0% Michigan 8.0% […]
Read the Whole Article From the Source: www.zerohedge.com
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