15 highest tax burden states: New York leads, followed by CT, NJ, CA, MN; US collected $3.28T in taxes in FY2024, with 51% from personal income.
15 states with the highest tax burden in the US: The top state with the highest tax burden is New York, followed by Connecticut, New Jersey, California, and Minnesota. The US federal government collected $3.28 trillion in total taxes in fiscal year 2024, with personal income taxes contributing 51% ($1.70 trillion). The top marginal federal income tax rate remains at 37% for 2023, while the minimum rate is 10% for individuals with incomes of $11,600 or less.
July 06, 2024
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