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Here’s How Much Your State Collects on Every Type of Tax

GOBankingRates Logo By Jami Farkas of GOBankingRates | Slide 1 of 51: When it comes time to pay the taxman, we’re all in the same boat. But, what we pay isn’t always the same. Because while the bulk of your taxes in a given year are kicked up to the IRS and the federal government, there’s still a big chunk headed to the statehouse — and those taxes are by no means consistent. Depending on which state you call home, the types of taxes you’re subject to — and just how much they amount to — are going to be very different. Be Prepared: All the New Numbers You Need To Know for Planning Ahead on Taxes And the disparity is striking. Residents of the top-taxing state pay more than three times the taxes of those who live in the state at the bottom of the list. You might be shocked to see all of the things your state collects money on. Take a look at how much is coming out of your pocket — and paycheck — and whether or not you should consider moving to a more tax-friendly area. Last updated: Jan. 12, 2021

When it comes time to pay the taxman, we’re all in the same boat. But, what we pay isn’t always the same. Because while the bulk of your taxes in a given year are kicked up to the IRS and the federal government, there’s still a big chunk headed to the statehouse — and those taxes are by no means consistent. Depending on which state you call home, the types of taxes you’re subject to — and just how much they amount to — are going to be very different.

Be Prepared: All the New Numbers You Need To Know for Planning Ahead on Taxes

And the disparity is striking. Residents of the top-taxing state pay more than three times the taxes of those who live in the state at the bottom of the list.

You might be shocked to see all of the things your state collects money on.

Take a look at how much is coming out of your pocket — and paycheck — and whether or not you should consider moving to a more tax-friendly area.

Last updated: Jan. 12, 2021

© benedek / Getty Images/iStockphoto

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