News Focus
News Focus
Followers 129
Posts 37017
Boards Moderated 3
Alias Born 11/17/2009

Re: DesertDrifter post# 516877

Sunday, 03/09/2025 4:37:11 PM

Sunday, March 09, 2025 4:37:11 PM

Post# of 579746
New York State has the highest total tax burden, with residents paying out around 12% of their income to state and local governments45. California, Hawaii, New York, New Jersey and Washington D.C. have some of the highest marginal state income tax rates, with each having a top tax rate above 10%3. New Hampshire only taxes interest and dividends (at a rate of 5 percent)1. Washington only taxes capital gains (at a rate of 7 percent)1. Massachusetts taxes short-term capital gains at a higher rate (12 percent) than other income (5 percent)1. New Hampshire taxpayers pay 9.7% of their total income to state and local taxes, while Massachusetts taxpayers pay 10.5%2.

https://www.nolo.com/legal-encyclopedia/a-comparison-state-tax-rates.html

Pretty high for state tax.....

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today