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Best (and Worst) States To Be a Taxpayer

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WalletHub


By Robert Ferris

Hate paying taxes? Then consider a home on the range, and keep as far away from New York as possible.

The tax burden the average American pays varies tremendously, and depends a lot on where you live, according to a study by financial social media company WalletHub.

The study ranked all 50 states and the District of Columbia.

An American making the median national income, driving an average car and living in the median-priced home could end up paying either 60 percent less or almost 40 percent more than the national average, based only on the state one calls home.

The study's analysts created a profile of the "average American" based on median income ($65,596), median home price ($174,600) and other data,
and then calculated how much the person would spend on taxes living in every state. It drew on data from several sources, including the Census Bureau, the Internal Revenue Service, the Tax Foundation, and even the National Institute on Alcohol Abuse and Alcoholism (for taxes paid on liquor).

Wyoming had the lowest taxes for residents. That state's taxpayers shell out 66 percent less than the national median. Alaska came in closely behind, and Nevada rounded out the top three.

On the other hand, New York ranked dead last -- its residents pay 39 percent above the national average. California is right behind at 37 percent above the average, followed by Nebraska's 36 percent.

The study accounts for everything from income taxes to alcohol and vehicle taxes, so individual results may vary. Higher taxes can also mean more social services and benefits for residents, so their impact on metrics like quality of life and social mobility may make the expense worth it.


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Old Uncle Tommy

LOUSY PIECE, CRAPPY GRAPHICS, LITTLE USEABLE INFORMATION,
SO **** YOU

March 24 2014 at 3:42 AM Report abuse +4 rate up rate down Reply
mac2jr

Your non tax states tax the oil, coal, and natural gas produced, and this means the taxes are passed on to all the other states. Wake Up, there are no free rides, only the rich screwing the poor...

March 24 2014 at 1:27 AM Report abuse +2 rate up rate down Reply
analyst0042

The 2 worst tax paying states..NY and California...Democrat controlled states...Who would have figured?

March 23 2014 at 8:06 PM Report abuse +3 rate up rate down Reply
3 replies to analyst0042's comment
Ron

I count the days to leave Commiefornia for Nevada!!!

March 23 2014 at 8:00 PM Report abuse rate up rate down Reply
kpamesa

The more the "government" gives away in hand outs, the higher the tax liablity will be. It's a simple matter of basic arithmetic....you can't give away what you don't have, so in order to give something away you have to collect at the very least the minimum you budget to give away. And when the "paying" base dries up and goes away, what then?

March 23 2014 at 5:47 PM Report abuse +5 rate up rate down Reply
progressivehoax

The country can't sustain supporting the millions on the Government Dole.

March 23 2014 at 2:33 PM Report abuse +4 rate up rate down Reply
2 replies to progressivehoax's comment
brian05487

Do you tend to mean the lower taxes on capital gains for those who own the large apartment complexes in the larger states?, or do you mean lower taxes for the oversight for polluting the water and air ?( North Carolina and West Virginia, coal ash and chemicals come to mind) And I believe they would let you drink the water- none for me thanks.

March 23 2014 at 7:22 PM Report abuse rate up rate down Reply
teapartyisdying.uall

The majority that are on the government dole are in the red states.

March 24 2014 at 9:06 AM Report abuse +2 rate up rate down Reply
SPQR

They will have to come up with a new color for Illinois next year when taxes leave orbit and head fro Andromeda

March 23 2014 at 1:56 PM Report abuse +1 rate up rate down Reply
rvheaney

Higher taxes can also mean more social services and benefits for residents, so their impact on metrics like quality of life and social mobility may make the expense worth it...... In Ca.for the illegals and the lazy.... But not for the workers or tax payers !

March 23 2014 at 1:54 PM Report abuse +2 rate up rate down Reply
1 reply to rvheaney's comment
Brek Randolph

Sounds like you have gone mobile rv? Shoot that is how one beats the tax man. Make that rv work for you.

March 24 2014 at 3:22 PM Report abuse +2 rate up rate down Reply
republicanslostagain

LMFAO !!!!!!.......looks like the dopey. repukemite had a ball with himself last night.

March 23 2014 at 10:53 AM Report abuse -9 rate up rate down Reply
betty_brock

One has to post down to Evan's level. It isn't easy.

March 22 2014 at 8:04 PM Report abuse -4 rate up rate down Reply