US State Income Tax rates range from 7 States witn no income tax to 9 States with a flat income tax to 10 States with the highest income tax
States with no state income tax include: Alaska, Florida, Nevada, S Dakota, Tennessee, Texas and Wyoming.
https://taxfoundation.org/state-income-tax-rates-2023/
States with a flat rate
include:
Massachusetts 5%, Kentucky 5%, New Hampshire 5% on investment earnings, N Carolina 4.99%, Illinois 4.95%, Utah 4.95%, Colorado 4.55%, Indiana 3.23% and Pennsylvania 3.07%.
States and districts with the
highest tax rates include:
California 13.3%
Hawaii 11%
New York 10.9%
New Jersey 10.75%
Oregon 9.9%
Minnesota 9.85%
DC 9.75%
Vermont 8.75%
Iowa 8.53%
Wisconsin 7.65%
These States use lower graduated tax bracket rates to determine taxes for those who earn below the highest rate level.
https://www.thebalancemoney.com/state-income-tax-rates-3193320
Comments
7 States have no income tax. 9 States use a flat tax on income. 34 States do tax income and use brackets to tax higher amounts of income.
Norb Leahy, Dunwoody GA Tea
Party Leader
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