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Topic: What U.S. states have the highest and lowest taxes? - page 2. (Read 1407 times)

legendary
Activity: 3654
Merit: 1217
and why many do not travel, and go in the other side, if the difference is so big? it should be so difficult for a usa citizen to move between states, and maybe find a new location to live, instead of wasting money in his current residence...

It is not practical in most of the cases. Suppose you are employed with an IT firm in Silicon Valley, California. The tax rates in California are extremely high, but you can't relocate yourself to low-tax states such as Arizona, as it will impede with your ability to work. Unless the employer relocates to these low-tax states, the employees can't take a decisison on this.
legendary
Activity: 3206
Merit: 1069
and why many do not travel, and go in the other side, if the difference is so big? it should not be so difficult for a usa citizen to move between states, and maybe find a new location to live, instead of wasting money in his current residence...
legendary
Activity: 3654
Merit: 1217
No surprise there. Residents living in the Democrat-ruled states (where the welfare payments such as child benefits are quite high) pay the highest amount of taxes, while those living in the GOP-ruled states pay the lowest rates. But we should take the average income in to the picture as well. For example, the average annual salary in California is much higher, when compared to that in Wyoming.
sr. member
Activity: 266
Merit: 250
10 states with the lowest average annual tax burden:

1. Wyoming, $2,365
2. Alaska, $2,791
3. Nevada, $3,370
4. Florida, $3,648
5. South Dakota, $3,766
6. Washington (state), $3,823
7. Texas, $5,193
8. Delaware, $5,195
9. North Dakota, $5,588
10. New Mexico, $5,822

10 states with the highest average annual tax burden:

1. New York, $9,718
2. California, $9,509
3. Nebraska, $9,450
4. Connecticut, $9,099
5. Illinois, $9,006
6. Wisconsin, $8,975
7. Vermont, $8,838
8. New Jersey, $8,830
9. Iowa, $8,788
10. Maine, $8,622

If you hate paying taxes, pay attention to where you live. Residents of the nation's lowest-tax states pay less than one-quarter of the levies contributed by those in the highest-tax states. And that's even when they earn the same amount and spend the same amount on everything from housing to beer, according to an analysis by personal finance site WalletHub.
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