the staff of the Ridgewood blog
Ridgewood NJ, No one likes paying taxes. Yet, like death, taxes are inevitable. Zippia analyzed state income taxes, property taxes, and sales tax to find the states where residents pay the biggest chunk of their pay towards state taxes. Here are the states where residents are the most aggressively taxed:
The tax code is thousands of pages long, with different rates and intricate rules based on earnings and family situations. While the federal tax code is applied evenly throughout the country, each state has there own tax rates. This means citizens in some states enjoy a light tax load, while others are drowning in tax obligations.
We analyzed state tax codes across the 50 states to find where in the country people have the heaviest tax load.
Rather than look flatly at taxes, we analyzed the “tax burden” residents of each states can expect from personal income tax, property tax, and sales tax. Tax burden looks at the percent of taxation as percent of income. “Most” is an ambiguous term; For instance, depending upon your income, 1,000 dollars may be a lot or a little.
We looked at tax burden to find the states where people pay more of their money proportionately than any other state.
We have a ranked list of all 50 states at the bottom, from most aggressively taxed to least, in addition to a list of the states with the highest personal income tax, property tax, and sales tax. First, let’s examine the states where the tax man is the most heavy handed.
States Where People Pay The Most In Taxes
California is the state where people are the most burdened by state taxes. While California, New Jersey, and New York may be notorious for there level of taxation, other states on the list such as Iowa may be a bit of a surprise. You can read our methodology below, and where the other 40 states stacked up.
https://www.zippia.com/advice/states-with-highest-lowest-tax-burden/
Guess those public sector pension funds in New Jersey are going to be insolvent pretty quickly now given the amount of “defined benefit” payouts they make every year, over $10 billion in checks annually and rising fast. The NJ Division of Investment, which manages these pensions, only had $75 billion to pay for these annual checks when markets were at their highs at February-end. That number should be about $65 billion now based on the subsequent market moves.
My God. Can’t we be #1 in ANYTHING?
C’mon… we can do better.
Thanks to the unions.
Big paycheck. Cadillac health care plan. Generous early retirement.
All of which are used to buy votes for Democrats who OWN this stay.
The taxpayers are the bitches.
Grab your ankles, another tax increase on the way… you will feel the pain but the union workers wont
Brought to you by your clueless neighbors….
April 7, 2020
Right from America hating Charlie Kime’s Facebook page.
Your President’s INaction let this pandemic spiral out of control in the US. His delayed response has caused economic collapse, double-digit unemployment, and trade wars with your closest allies. The banning of 3M N95 mask exports to Canada is one example. Canadian pulp is used in these masks, and 3M operates seven plants in Canada and has a 70 year history of operations here!!! But like him, you just want to deflect and blame everyone else and start knife 🔪 fights while your house is on fire 🔥 . Maybe you think this is all just Chinese biological warfare on us? They have civil and military bio labs in Wuhan, right, and have not been transparent about the actual numbers… surely that’s not right wing opinion, right?
Name deleted …they’ve run an integrated manufacturing system across the border for 70 years, for Christ sakes. Should we stop exporting pulp from Canada so you can’t even make the masks?
Charlie Kime yea Charlie. I tell you what you come over to my house and explain to my wife why she and her staff might run out of PPE because Canada needs it more than them.
Charlie Kime it’s not a US versus Canada thing dipshit. The masks are made using pulp from Canada!!! 3M have had integrated cross-border manufacturing for 70 years. So by your argument, we should have forced the Americans we hosted for weeks in Gander, Newfoundland after 9/11 to just stay on their planes during that time ✈️? Or I guess you’ve ignored the Queen’s advice that this is forcing nations to work together towards a cure in “the best interests of us all”, as in “all humanity”? To you this is an “America first, everyone else be damned” exercise??
Charlie Kime I will tell you what if it helps keep the pulp.
Again you explain to my wife why she and her staff should go short because Canada is feeling it’s unfair or unkind or we are not being humanitarian enough.
It’s easy as you sit at home on your Ivory tower but Maren is in the hospital dealing with it face to face everyday.
Charlie Im sorry to say but I am going to unfriend you for a period of time.
Ashley Letten no skin off my back – this was my post; you’ve highjacked it with your vitriol for anyone who dares question Trump. And you said you didn’t care if Canadians died. Maybe you should put your son in a US school if that’s how you feel about Canada?
What an ass Kime is. Looks like even his Facebook friends can’t stand his bullshit….