Wednesday, January 20, 2016

New Yorkers Face The Highest State And Local Tax Burden: 12.7 Percent Of State Income

From Tax Foundation, "State-Local Tax Burden Rankings FY 2012:"
New Yorkers faced the highest burden, with 12.7 percent of income in the state going to state and local taxes. Connecticut (12.6 percent) and New Jersey (12.2 percent) followed closely behind. On the other end of the spectrum, Alaska (6.5 percent), South Dakota (7.1 percent) and Wyoming (7.1 percent) had the lowest burdens.
Source: Tax Foundation

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