The U.S. States With the Highest Tax Burdens in 2016

Across the United States, some residents have to pay far more state and local tax than others.  

6355404323_ac5691e105_o

Guest article by Tyler Durden | Originally appeared on Zero Hedge

The amount you pay depends heavily on the state you reside in with New Yorkers suffering under the heaviest tax burden according to website Wallethub.

As Statista detailsthe tax burden measures the percentage of a person’s income which goes towards state and local tax, different to the tax rate, which depends heavily on income and personal circumstances.

Infographic: The U.S. States With The Highest Tax Burdens In 2016  | Statista
You will find more statistics at Statista

People in New York pay 13.12 percent of their income towards state and local tax, the highest rate nationwide.

Its neighbours Vermont (11.13 percent), Connecticut (10.91 percent) and New Jersey (10.38 percent) also have some of the highest tax burdens in the country.

CONTINUE READING

Advertisements