Published On: Mon, Jun 6th, 2016

The U.S. States With The Highest Tax Burdens In 2016

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The amount of tax you pay every year varies considerably depending on which state you reside in. People in New York have the heaviest state and local tax burden in the United States, according to website WalletHub. The 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.

New Yorkers have to pay 13.12 percent of their income towards state and local tax with Hawaii the second-worst state with 11.86 percent. New York’s neighbours also face steep tax burdens with residents in Vermont (11.13 percent), Connecticut (10.91 percent) and New Jersey (10.38 percent) among the top-10 worst states for tax burdens in the nation. At just 5.18 percent, Alaska has the lowest rate of state and local tax in the U.S.

 

Which Countries Pay The Most Income Tax?

When it comes to income tax, a single person living in Belgium faces the heaviest burden out of all OECD countries. The tax rate for a Belgian single earner comes to 55.3 percent compared to 40.4 percent for a worker married with two children. In the United States, the income tax rate stands at 31.7 percent, according to a recent report from the OECD.

 

This chart shows state/local taxes as a percentage of income in 2016.

Infographic: The U.S. States With The Highest Tax Burdens In 2016  | Statista

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