Tax Rate By State Map

Tax Rate By State Map. Kirk's Market Thoughts State Tax Rates Map For 2016 Individual income taxes are a major source of state government revenue, accounting for 33 percent of state tax collections in fiscal year 2023, the latest year for which data are available Illinois was found to have the highest total effective tax rate at 16.58%, with households earning the state's median income paying roughly $12,270 in state and local taxes each year.

Combined State and Local Sales Taxes New Report Tax Foundation
Combined State and Local Sales Taxes New Report Tax Foundation from taxfoundation.org

Scroll down for a list of income tax rates by state Individual income taxes are a major source of state government revenue, accounting for 33 percent of state tax collections in fiscal year 2023, the latest year for which data are available

Combined State and Local Sales Taxes New Report Tax Foundation

Their significance in public policy is further enhanced by individuals being actively responsible for filing their income taxes, in contrast to the indirect payment of sales and excise taxes. Hover over any state for tax rates, and click for more detailed information Scroll down for a list of income tax rates by state

Sales Tax Jurisdictions by State, 2020 Tax Foundation. based on the lowest, average, or highest tax brackets State tax levels indicate both the tax burden and the services a state can afford to provide residents

Legal maps of the United States of America Eupedia. collections in fiscal year 2022, the latest year for which data are available. In addition to the federal estate tax, with a top rate of 40 percent, 12 states and DC impose additional estate taxes, while six states levy inheritance taxes