Income tax is a direct tax on citizen profits or income. Tax rate times taxable income determines it. Companies pay flat corporation tax, but individuals pay progressive income tax. Income alone determines tax rate.
The US has tax policy. State government revenue from individual income taxes was 38% in 2018. Single filers and married couples can file individual income taxes. Income taxes rise. Eight states have no income tax, 10 have a flat tax, and the rest have a tiered tax.
Data of Income Tax by States
A complete list of tax rates for every state in the union and learn which states have the highest tax rates:
1. California | 13.3% |
2. Hawaii | 11.0% |
3. New Jersey | 10.75% |
4. Oregon | 9.9% |
5. Minnesota | 9.85% |
6. New York | 8.82% |
7. Vermont | 8.75% |
8. Iowa | 8.53% |
9. Wisconsin | 7.65% |
10. Maine | 7.15% |
11. South Carolina | 7.0% |
12. Connecticut | 6.99% |
13. Idaho | 6.925% |
14. Montana | 6.90% |
15. Nebraska | 6.84% |
16. Arkansas | 6.6% |
17. Delaware | 6.6% |
18. West Virginia | 6.5% |
19. Louisiana | 6.0% |
20. Rhode Island | 5.99% |
21. Maryland | 5.75% |
22. Virginia | 5.75% |
23. Georgia | 5.75% |
24. Kansas | 5.7% |
25. Missouri | 5.4% |
26. North Carolina | 5.25% |
27. Massachusetts | 5.0% |
28. Kentucky | 5.0% |
29. Oklahoma | 5.0% |
30. Mississippi | 5.0% |
31. Alabama | 5.0% |
32. Utah | 4.95% |
33. Illinois | 4.95% |
34. New Mexico | 4.9% |
35. Ohio | 4.797% |
36. Colorado | 4.63% |
37. Arizona | 4.5% |
38. Michigan | 4.25% |
39. Indiana | 3.23% |
40. Pennsylvania | 3.07% |
41. North Dakota | 2.9% |
42. Alaska | 0% |
43. Florida | 0% |
44. Nevada | 0% |
45. New Hampshire | 0% |
46. South Dakota | 0% |
47. Tennessee | 0% |
48. Texas | 0% |
49. Washington | 0% |
50. Wyoming | 0% |
Tax laws are heavily dependent on the legislation, which can be changed at any time which applies in the fiscal year. The change also has some effects on people as well as the government. However, it is an important tax that matters states government and the citizen.
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