The effective state and local tax rate for New York residents in 2019 was 14.1 percent, the highest percentage among the 50 states, according to a new ranking published by the Tax Foundation.
Across the United States, the average state-local tax burden came in at 10.3 percent of Americans’ combined income, the study said. Generally, state-local tax rates rose in 2019 over the previous year as tax collections outpaced overall income growth, the Tax Foundation’s analysis found.
Read more at Washington Examiner.
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