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MA Has 18th Highest Tax Burden in U.S.

Tuesday, April 10, 2018

 

How much total income will Massachusetts residents be paying when taxes are due in just a few days?

According to a recent study completed by WalletHub, Massachusetts has the 18th highest tax burden in the U.S.

“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. And it isn’t uniform across the U.S., either,” said Wallethub.

MA By the Numbers

  • 9.03% - Total Tax Burden
  • 3.60% - Property Tax Burden
  • 3.40% - Income Tax Burden
  • 2.03% - Total Sales & Excise Tax Burden

 

The Rankings 

Massachusetts ranks behind Wisconsin and Nebraska, who rank 16th and 17th respectively.

Massachusetts ranks ahead of Arkansas and New Mexico, who rank 19th and 20th overall.

The state with the highest tax burden is New York, while the state with the lowest is Alaska.

See the Rankings in the Map Below

Source: WalletHub

The Method

In order to determine the states that tax their residents the most and least aggressively, WalletHub compared the 50 states across the following three tax burdens and added the results to obtain the overall tax burden for each state:

  • Property Tax as a Share of Personal Income
  • Individual Income Tax as a Share of Personal Income
  • Total Sales & Excise Tax as a Share of Personal Income
 

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