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. 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
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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.

via http://ift.tt/24uRwzb Tyler Durden

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