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U.S. States With the Highest Taxes

via ABC
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In this article, we peel back the layers of the U.S. tax system, revealing the states where your hard-earned dollars face the biggest deductions. From income and sales taxes to property and excise levies, we’ll uncover the factors contributing to higher tax rates across various states.

New York

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Tax burden: 12.47%. Big Apple, even bigger bite from Uncle Sam. New York boasts some of the nation’s highest income taxes, balanced by various deductions and credits, making tax season a complex affair.

Hawaii

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Tax burden: 12.31%. Island paradise with a hefty price tag. While sales tax might be moderate, high income taxes and the added cost of living make Hawaii a state where you pay to play.

Maine

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Tax burden: 11.14%. Lobster lovers beware, the “Vacationland” tax isn’t just for tourists. Progressive income tax brackets and a high sales tax mean budgeting is key in this scenic state.

Vermont

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Tax burden: 10.28%. Land of maple syrup and progressive taxation. With the highest combined state and local sales tax in the country, Vermont also features a progressive income tax, making careful planning crucial.

Connecticut

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Tax burden: 9.83%. Nutmeg State squeezes your wallet. Although sales tax is lower, high income taxes and a lack of major deductions make Connecticut a state where careful financial planning is essential.

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