New York And California Suck For Taxpayers, And For Freedom
” New York and California are the worst and second worst states in terms of tax burden, in what is less than shocking news from the financial website,WalletHub. The ranking tallies annual state and local taxes, and puts the Golden State and the Empire State at the bottom of the heap, with Wyoming and Alaska at the top as the two least burdensome states for taxpapers in a listing that also includes the District of Columbia (number 37, if you’re curious).
In and of itself, the ranking is helpful—but it’s also helpful to cross-reference the tax ranking with separate rankings of economic liberty and overall freedom to see how they correlate. The result is a handy guide to places to live—or avoid like the plague.
For its tax rankings, WalletHub compared: real estate tax, state income tax, local income tax, vehicle property tax, vehicle sales tax, sales and use tax, fuel tax, alcohol tax, food tax, and telecom tax.”
We thought it would be helpful to be able to look at WalletHub’s tax rankings through the red state/blue state prism and as one would expect , with the occasional outlier the majority of blue states fall in the heavily taxed category . No real surprise to anyone who pays attention , but interesting to see it on the page with actual hard numbers .
Rank State Avg. Annual State & Local Taxes % Difference from National Avg. Adj. Rank (based on Cost of Living Index) 1 Wyoming $2365 -66% 1 2 Alaska $2791 -60% 4 3 Nevada $3370 -52% 2 4 Florida $3648 -48% 3 5 South Dakota $3766 -46% 5 6 Washington $3823 -45% 6 7 Texas $5193 -25% 7 8 Delaware $5195 -25% 12 9 North Dakota $5588 -20% 13 10 Colorado $5674 -18% 14 11 New Mexico $5822 -16% 8 12 Alabama $5846 -16% 9 13 Arizona $6057 -13% 18 14 Utah $6069 -13% 10 15 Mississippi $6210 -11% 11 16 Indiana $6358 -9% 15 17 Louisiana $6373 -8% 16 18 West Virginia $6598 -5% 19 19 Montana $6641 -5% 20 20 Oklahoma $6795 -2% 17 21 Massachusetts $6884 -1% 35 22 Rhode Island $6905 -1% 40 23 South Carolina $7070 +2% 25 24 Georgia $7201 +3% 22 25 Missouri $7220 +4% 23 26 Tennessee $7252 +4% 21 27 Virginia $7333 +5% 29 28 New Hampshire $7419 +6% 41 29 Hawaii $7427 +7% 48 30 Arkansas $7455 +7% 26 31 Kentucky $7472 +7% 24 32 Ohio $7604 +9% 28 33 Kansas $7695 +11% 30 34 North Carolina $7705 +11% 31 35 Idaho $7776 +12% 27 36 Michigan $7867 +13% 32 37 District of Columbia $8034 +15% 46 38 Minnesota $8261 +19% 36 39 Pennsylvania $8344 +20% 34 40 Oregon $8416 +21% 42 41 Maryland $8571 +23% 44 42 Maine $8622 +24% 43 43 Iowa $8788 +27% 33 44 New Jersey $8830 +27% 47 45 Vermont $8838 +27% 45 46 Wisconsin $8975 +29% 39 47 Illinois $9006 +29% 38 48 Connecticut $9099 +31% 49 49 Nebraska $9450 +36% 37 50 California $9509 +37% 50 51 New York $9718 +40% 51
Read more at Reason where you can see not only the tax rankings but how they correlate to freedom and liberty rankings as well . Spoiler … The red states predominate in liberty too …
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