1. New York Taxes paid by residents as pct. of income
: 12.8% Total state and local taxes collected
: $136.24 billion (2nd highest) Pct. of total taxes paid by residents
: 73.3% (19th highest) Pct. of total taxes paid by non-residents
: 26.7% (19th lowest)
New York’s tax rate of 12.8% of income was up from 12.1% in 2009, when it was second to New Jersey. Currently, the state has eight different tax levels, ranging from 4% for taxable income under $8,000 all the way up to 8.82% for income over $1 million. In addition to federal and state taxes, residents of New York City were required to pay a local income tax, commonly referred to as the city tax. Property taxes were very high in New York, too. The median property tax in Westchester County in 2008 was $8,404 annually, more than any other county in the U.S. New York also had the highest cigarette tax in the country at $4.35.
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