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7 States With the Highest Income Tax


7 States With the Highest Income Tax

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Many Americans, especially those who haven't moved around much, are often surprised at the range of tax burdens there are across the United States. States with the highest property taxes, for example, have average rates that are more than four times that of the states with the lowest property taxes.

Income taxes vary even more. On one hand, there are seven U.S. states with no individual income taxes whatsoever, and two more that are close. On the other end of the spectrum, some states have rather high income taxes, especially for high earners. Here's a closer look at the seven U.S. states with the highest individual income tax burdens, according to a report by WalletHub.

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Source: Fool.com


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