They called it pork Seems they always find a way to bash dem states How about Texass raising their taxes and help pay for the disaster??
Texas ranked 4th among low-tax states
The state of New York imposes the highest tax burden on its residents, while the residents of Wyoming enjoy the least tax burden, 24/7 Wall St. reported citing data from the Tax Foundation.
During the 2011 tax season, Americans paid 9.8% of their income in state and local taxes, in addition to the taxes collected by the federal government. Residents of New York paid 12.6% of their income in state and local taxes, while Wyoming collected less than 7% from its tax-payers.
States with low tax burdens often eliminated a major type of tax. States that had high tax burdens typically utilized a wide range of taxes. “High tax states tend to be those that not only have high [tax] rates but tax a lot of different things in a lot of different ways,” Lyman Stone, economist at the Tax Foundation, told 24/7 Wall St.
24/7 Wall St. compiled the lists of states with the highest and lowest tax burdens using the Tax Foundation’s analysis of state and local tax burden as a share of state residents’ income. This includes all taxes paid by residents to the state or to various localities.
Among the states with lowest taxes:
4. Texas
Taxes paid by residents as pct. of income: 7.5%
Total state taxes collected: $48.6 billion (3rd highest)
Tax burden per capita: 3,088 (8th smallest)
Income per capita: $41,269 (23rd highest)
Texas is one of a handful of states with no income tax - individual or corporate. Texas also has among the lowest gas tax rates.
These are some of the states with the highest taxes:
1. New York
Taxes paid by residents as percent of income: 12.6%
Total state taxes collected: $71.5 billion (2nd highest)
Tax burden per capita: $6,622 (3rd largest)
Income per capita: $52,417 (5th highest)
According to 24/7 Wall St., more than half of the $71.5 billion came from individual income taxes.
2. New Jersey
Taxes paid by residents as percent of income: 12.3%
Total state taxes collected: $27.5 billion (7th highest)
Tax burden per capita: $6,675 (2nd largest)
Income per capita: $54,422 (2nd highest)
According to 24/7, one of the reasons for the higher taxes could be the state's "considerable debt burden of $7,328 per capita, the fifth highest in the U.S