US cities with the highest taxesSubmitted by Accomplished_Day2991 t3_120h12y in jerseycity
moobycow t1_jdjhio5 wrote
Reply to comment by Blecher_onthe_Hudson in US cities with the highest taxes by Accomplished_Day2991
Not even just total tax burden, total tax burden by income bracket varies greatly. Most income levels in CA have lower taxes than in Texas.
uieLouAy t1_jdmoy8a wrote
This. Lots of “tax burden” comparisons purposefully distort the rankings by only using the top marginal rate even though almost no one actually pays that.
New Jersey’s income tax is very progressive, so if you’re low- or middle-income you’re likely paying less than you would in many “low tax” states. It’s only folks who make over $1 million per year that pay the highest tax rate, and even then it’s only applied to every dollar made over $1 million.
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