Home Add to Favorite Contact Submit  
           25 October, 2020

Category:  Press » Non-profit


Tax Foundation Study: New Jersey Edges New York for Nation's Highest State-Local Tax Burden

         Views: 1487
2008-08-07 06:42:31     
Tax Foundation

New Jersey taxpayers bear the heaviest state-local tax burden in 2008, and Alaskans have the lightest tax burden, according to a new report from the Tax Foundation.

In Tax Foundation Special Report, No. 163, "State-Local Tax Burdens Dip As Income Growth Outpaces Tax Growth," senior economist Gerald Prante computes each state's combined state-local tax burden, accounting for taxes paid out of state.

The nation as a whole paid 9.7% of its income in state-local taxes, down from 9.9% in 2007 primarily because income grew faster than tax collections between 2007 and 2008.

New Jersey residents paid 11.8%, topping the charts. New Yorkers were close behind, paying 11.7%, and Connecticut was third at 11.1%. The top ten were rounded out by Maryland (10.8%), Hawaii (10.6%), California (10.5%), Ohio (10.4%), Vermont (10.3%), Wisconsin (10.2%) and Rhode Island (10.2%).

Alaskans pay the least, 6.4 percent in 2008, but Nevada is close at 6.6 percent. In four states the residents pay between 7 and 8 percent of their income in state-local taxes: Wyoming (7.0%), Florida (7.4%), New Hampshire (7.6%) and South Dakota (7.9%). Four other states round out the bottom ten: Tennessee (8.3%), Texas (8.4%), Louisiana (8.4%) and Arizona (8.5%).

Tax Foundation rankings are sometimes confused with rankings based on Census Bureau's tallies of state and local tax collections. The difference is out-of-state tax payments. When state and local governments collect large amounts from non-residents, whether as tourists, commuters, businesses or property owners, Census counts those payments in the collections of the taxing state; the Tax Foundation study counts them in the residential state of the taxpayer.

The most recent estimates are for fiscal year 2008 which ended June 30, and the historical burden data cover the 32 years starting with 1977.

Historical data and rankings, sorted by year and by state, are available to reporters on an embargoed basis. At 10 a.m. ET on Thursday, they'll be posted at http://www.taxfoundation.org/taxdata/show/336.html and http://www.taxfoundation.org/taxdata/show/335.html. The new report, "State-Local Tax Burdens Dip As Income Growth Outpaces Tax Growth," will also be posted Thursday morning at 10 a.m. ET at http://www.taxfoundation.org/publications/show/22320.html.

The Tax Foundation is a nonpartisan, nonprofit organization that has monitored fiscal policy at the federal, state and local levels since 1937.

Specialized in: Tax Foundation - Edges - New York State-local Tax Burden
URL: http://www.taxfoundation.org
Print press release      Bookmark this page
Related Press releases 
National Chimney Sweep Guild Now Offering Business Tools to Members (Popularity: ): Plainfield, Indiana 3, April 2013 – Sweeping a chimney is a tough job. At National Chimney Sweep Guild, their experienced staff is dedicated to providing the tools, discounts, and expertise to make the job easier. Many companies offer special discounts to its members as well as valuable rebates on the latest equipmentAlong with discounted chimney sweep prices on tools and supplies, businesses can also enjoy special rates for all aspects ...
Following a 50-Year Low, Law Enforcement Fatalities Surge 43 Percent During the First Half of 2010 (Popularity: ): After reaching a 50-year low in 2009, the number of U.S. law enforcement officers killed in the line of duty surged nearly 43 percent during the first six months of 2010, according to preliminary data released today by the National Law Enforcement Officers Memorial Fund (NLEOMF). If the mid-year trend continues, 2010 could end up being one of the deadliest years for U.S. law enforcement in two decades.Preliminary NLEOMF statistics ...
Haiti 6-Months Later: World Vision Says Much Has Been Done But Road to Recovery Will Take Years (Popularity: ): Six months after Haiti's devastating earthquake, World Vision says much has been done to help the people of Haiti, but the road to lasting recovery will take many years. As aid groups transition from relief to recovery efforts, providing sturdy, safe shelter to survivors is one of the most pressing and complex challenges now facing aid workers. With hurricane season already underway, better shelter is also one of the most ...
Moms Spending Less on Back to School Shopping, but Spending More Time Helping in Class This Year (Popularity: ): Moms plan to cut back on their school shopping this Fall, especially when it comes to clothing for kids, according to a new survey of 1,275 moms nationwide by the Marketing to Moms Coalition. Funded by Current Lifestyle Marketing and Weber Shandwick, the survey was conducted in June 2010 and reveals trends among moms of children age 7-17, including both English and Spanish-speaking Hispanic moms. This year, spending is expected ...
Earth jam 2010 (Popularity: ): EARTH JAM 2010 PRESS RELEASEEarth Jam productions is proud to announce its Earth Day Festival, Saturday, April 24th & Sunday, April 25th, at Liberty Park 700 E 1300 S in SLC, 11am-9pm . This will be the 19th year of the event, the longest continuous earth day event in the U.S. Included will be 2 stages filled with bands, belly dancers, djs, and speech presentations. Other activities include a childrens ...

Press release home snapshot 

Related Business 
Tax Foundation (Popularity: ): Devoted to educating taxpayers about tax policy and the total tax burden borne by Americans at all levels of government.
New York Tax Attorney (Popularity: ): Long Island Tax Attorney Charles Rosselli began The Tax Problem Law Center because he is passionate about helping individuals and small businesses throughout New York resolve their IRS tax problems and New York State tax debt problems.
Tax Attorney (Popularity: ): Free Tax Relief Consultation, get IRS Tax Relief, Tax Debt relief, Tax Problem Resolution, and State Tax Relief at low cost with Former IRS Tax Attorney and Local Tax Attorney. Tax Attorneys and Enrolled Agents that remove Bank Levies and Wage Garnishments immediately that also resolve 941 Payroll Back Taxes
California Sales Tax Audit Help (Popularity: ): The sales and use tax audit is more feared among taxpayers and their tax attorneys, accountants or other tax professionals than an IRS tax audit or State income tax audit. Tax Audit, Tax Expert, Tax Liability.
New Jersey Property Tax Assessment (Popularity: ): At 1-800-LAW-FIRM, we handle property tax appeals on a concurrent fee basis. If we are not successful at costing you less on your property tax appeals, you owe us nothing. We provide the best services new jersey property tax appeals, nj property tax deduction, nj property tax assessment and much more.
I. E. Taxguard: Specialist Tax Accountants (Popularity: ): At i.e.taxguard we offer an innovative and clear approach to tax management. As tax accountants we are able to advise upon, and complete all necessary tax documentation to the highest degree of accuracy. Our experienced tax accountants offer a 360° approach to tax accountancy to help you effectively manage all your tax affairs.
Tax Return & Tax Refund Online (Popularity: ): Tax Online options are many and today you can file your taxes with ease through the state tax websites. Once you are aware of exact amounts of tax to be paid and how to pay it, paying tax online is one of the best options. Read on to know more.
First Class Tax Relief (Popularity: ): First Class Tax Relief is a nationwide fully accredited tax defense firm that helps people who are experiencing federal and state tax liabilties. We represent clients that are dealing with personal tax issues such as unfiled tax returns, IRS collections representation, audits/audit appeal and well as negotiate settlements. We offer clients a free consultation to analyze their tax situation and give them advice on resolving their tax issues.
20/20 Tax Resolution Tax Articles (Popularity: ): 20/20 Tax Resolution is the market leader in the tax-debt resolution industry located in Broomfield, Colorado. Having started in 1998, we have a long history of helping businesses and individuals across the United States resolve their tax debts with the IRS and State taxing authorities. 20/20 Tax Resolution has tax consultants that are licensed professionals, accountants, Enrolled Agents and business experts who have decades of experience resolving tax issues. Because ...
Long Beach Certified Tax Preparers - Tax Filings (Popularity: ): Long Beach Tax Preparation is a full-service tax preparation and tax planning firm in Long Beach, CA. At Long Beach Tax Preparation, we are committed to providing our clients the highest level of professional services. We offer the same attention to detail whether we are preparing an individual return or a small business tax return.