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What are the states of the USA in which the most and least taxes are paid?

2022-04-22T20:20:39.549Z


If you plan to move or live in another state, knowing how much taxes are paid in that place can be decisive in making a decision.


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(CNN Spanish) --

The 2021 tax season in the United States ended this Monday, April 18 for most citizens.

That was the deadline to file the declaration and pay your tax obligations.

The amount you must pay each year is determined by your income and marital status, but also by the state in which you live.

If you plan to move or live in another state, knowing how much taxes are paid in that place can be decisive in making a decision.

“Taxes are a very important factor in determining where we decide to live, because I don't like to pay a lot of taxes if I don't have adequate services.

There are academic studies that show that changes in taxes determine the place in which individuals live, ”economist Paul Carrillo, from George Washington University, explains to CNN.

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In which US state are the most (and least) taxes paid?

To know in which states more or less taxes are paid, you have to know what the state tax rate is.

Depending on that rate and your income, you will have to pay one percentage or another.

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According to the latest report from the Tax Foundation, a group of tax policy experts, the 10 states with the highest tax rates are:

1. New York (15.9%)

2. Connecticut (15.4%)

3. Hawaii (14.1%)

4.Vermont (13.6%)

5. California (13.5%);

6. New Jersey (13.2%)

7. Illinois (12.9%)

8. Virginia (12.5%)

9. Del. (12.4%)

10. Maine (12.4%)

New York, which tops the list with the highest tax rate, was the state with the largest population loss in 2021, while the largest increases in national migration occurred in Florida, Texas and Arizona, according to the United States Census Bureau. Joined.

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"New York's population decline in the past year is attributed to negative internal migration," says the report with the latest census data.

"It fell below 20 million inhabitants in the last year, going from 20,154,933 to 19,835,913," he adds.

On the other hand, the states with the lowest tax rates are:

1. Alaska (4.6%)

2. Wyoming (7.5%)

3. Tennessee (7.6%)

4. South Dakota (8.4%)

5. Michigan (8.6%)

6. Texas (8.6%)

7. North Dakota (8.8%)

8. Georgia (8.9%)

9. South Carolina (8.9%)

10. Oklahoma (9.0%)

The percentages are equal to the net proceeds that the state spent on state and local taxes.

The Tax Foundation report measures the burden imposed on residents of each state based on all state and local taxes.

Among them is the tax on the income of individuals, sales (

Sales Tax

) or property (

Property Tax

).

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According to the IRS, 43 states and many local municipalities require their residents to pay a tax on their personal income (or rental income).

This tax depends on the amount of income and the tax rate of the state or locality where you reside.

The nine states that do not apply this income tax to their residents are Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming.

However, states with lower income taxes can balance the balance with sales (goods and services) or property (real estate) taxes, among others.

How much does a person pay in taxes in each state?

According to Tax Foundation data on the per capita tax burden, here's what a person pays in taxes by state:

- Alabama: $4,585

- Alaska: $2,943

- Arizona: $5,156

- Arkansas: $5,031

- California: $10,167

- Colorado: $6,699

- Connecticut: $12,151

- Delaware: $7,170

- District of Columbia: $11,654

- Florida: $5,406

- Georgia: $4,862

-Hawaii: $8,410

- Idaho: $5,402

- Illinois: $8,390

- Indiana: $5,030

- Iowa: $6,086

-Kansas: $6,353

-Kentucky: $4,669

- Louisiana: $4,762

- Maine: $6,906

- Maryland: $7,680

-Massachusetts: $9,405

- Michigan: $4,720

- Minnesota: $7,763

- Mississippi: $4,220

- Missouri: $4,953

- Montana: $5,795

- Nebraska: $6,720

- Nevada: $5,554

- New Hampshire: $6,593

- New Jersey: $9,648

-New Mexico: $4,835

-New York: $12,083

-North Carolina: $5,299

- North Dakota: $5,403

- Ohio: $5,530

- Oklahoma: $4,527

- Oregon: $6,572

- Pennsylvania: $6,723

- Rhode Island: $6,948

- South Carolina: $4,596

- South Dakota: $5,196

- Tennessee: $4,036

-Texas: $4,994

- Utah: $6,750

-Vermont: $7,958

- Virginia: $7,979

- Washington: $7,803

- West Virginia: $4,479

- Wisconsin: $6,231

- Wyoming: $4,691

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Source: cnnespanol

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