Tax Burden by State in 2025
1 Articles
1 Articles
Tax Burden by State in 2025
Kevin Uncle Sam takes his cut of the past year’s earnings every April, and since the tax code is so complicated, it’s hard for the average person to tell how they will be impacted. One simple ratio known as the “tax burden” helps cut through the confusion. Unlike tax rates, which vary widely based on an individual’s circumstances, tax burden measures the proportion of total personal income that residents pay toward state and local taxes. It isn’…
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