We all pay taxes, whether it’s income tax deducted from our paychecks, property tax if we own a home, or sales tax when we buy things. In the United States, these taxes vary by state, affecting how much of our salary goes to the government. Let’s look at 17 states where taxes eat up the most of your hard-earned money.
17. Indiana
Indiana’s state income tax is 3.05%, and corporate income tax is 4.9%. The state sales tax is 7%, with no local sales tax. Property taxes are 0.71%.
16. Maryland
Maryland’s state income tax ranges from 2% to 5.75%, with corporate income tax at 8.25%. The state sales tax is 6%, with no local sales tax. Property taxes are 0.95%.
15. Ohio
Ohio’s state income tax ranges from 2.75% to 3.5%. There is no corporate income tax. The state sales tax is 5.75%, rising to 7.24% with local taxes. Property taxes are 1.30%.
14. Kansas
Kansas residents pay between 3.10% and 5.70% in state income tax. Corporate income tax is between 3.5% and 6.5%. The state sales tax is 6.5%, rising to 8.65% with local taxes. Property taxes are 1.26%.
13. Iowa
Iowa’s state income tax ranges from 4.40% to 5.70%. Corporate income tax is between 5.5% and 7.1%. The state sales tax is 6%, rising to 6.94% with local taxes. Property taxes are 1.40%.
12. Utah
Utah has a fixed income tax rate of 4.55%, and corporate income tax is also 4.55%. State sales tax is 6.10%, rising to 7.25% with local taxes. Property taxes are 0.47%.
11. New Jersey
New Jersey’s state income tax ranges from 1.4% to 10.75%, and corporate income tax is between 6.5% and 9%. The state sales tax is 6.625%, with a combined state and local rate of 6.60%. Property taxes are 2.08%.
10. Rhode Island
Rhode Island’s state income tax ranges from 3.75% to 5.99%, and corporate income tax is 7%. Sales tax is also 7%. Property taxes are 1.23%.
9. Illinois
Illinois has a fixed income tax rate of 4.95%. Corporate income tax is 9.5%, with a state sales tax of 6.25%. Combined state and local sales tax is 8.86%. Property taxes are 1.95%.
8. Minnesota
Minnesota’s state income tax ranges from 5.35% to 9.85%, and corporate income tax is 9.8%. The state sales tax is 6.875%, rising to 8.04% with local taxes. Property taxes are 0.98%.
7. Nebraska
Nebraska’s income tax ranges from 2.46% to 5.84%, and corporate income tax is between 5.58% and 5.84%. The state sales tax is 5.50%, increasing to 6.97% with local taxes. Property taxes are 1.44%.
6. California
California’s state income tax ranges from 1% to 13%, and corporate income tax is 8.84%. The state sales tax is 7.25%, rising to 8.85% with local taxes. Property taxes are 0.68%.
5. Massachusetts
Massachusetts has an income tax rate between 5% and 9%, with corporate income tax at 8%. Sales tax is 6.25%, with no local sales tax. Property taxes are 1.04%.
4. Connecticut
Connecticut’s state income tax ranges from 2% to 6.99%, and corporate income tax is 7.5%. The state sales tax is 6.35%, with no local tax. Property taxes are 1.78%.
3. Vermont
Vermont residents pay between 3.35% and 8.75% in state income tax. Corporate income tax is between 6% and 8.5%. The sales tax is 6%, and property taxes are 1.56%.
2. Hawaii
Hawaii’s state income tax ranges from 1.4% to 11%. Corporate income tax is between 4.4% and 6.6%. The state sales tax is 4%, with a combined state and local rate of 4.5%. Property taxes are 0.26%.
1. New York
In New York, state income tax ranges from 4% to 10.9%. The state sales tax is 4%, but when combined with local taxes, it totals 8.53%. Homeowners pay around 1.5% in property taxes.
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