Politics & Government
New Yorkers Pay Highest Taxes in Country: Report
New York, New Jersey and Connecticut rank first, second and third, while Alaskans pay the least.
A new report from the non-profit Tax Foundation shows that New Yorkers are still paying a higher share of their income in state and local taxes than of residents of any other state, according to the Syracuse Post-Standard.
The report, released Tuesday, found that the combined state and local tax burden in New York was 12.8 percent of the total state income for the year 2010.
The national average is 9.9 percent, according to the paper.
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New York also ranked number one in highest taxes in 2010, as well as had the highest ranking in each of the 12 years cited in the report dating back to 1977.
Richard Azzopardi, spokesman for Gov. Andrew Cuomo, noted to the Post-Standard that the report’s data is two years old, and since then, the state has instituted a property tax cap and cut taxes on the middle class.
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New Jersey was the second most-taxed state in 2010 at 12.4 percent and Connecticut was third at 12.3 percent. At the bottom of the list was Alaska, whose state and local taxes only make up 7 percent of the state's income. Alaskans pay no state income tax or state sales tax, because 70 percent of the state’s revenue comes from oil extraction.
Earlier this month, the Tax Foundation ranked New York last out of the 50 states for its business climate.
