Report: New York, Again, Ranks First In Highest Tax Burden

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New York continues to lead the nation in the highest state and local tax burden, a report Tuesday found.

In 2010, New Yorkers paid 12.8 percent of their income to a variety of state and local taxes, according to the report from the fiscally conservative Tax Foundation, which is based in Washington D.C.

New York has been ranked first by the group consistently since 1977. Only residents of New York, New Jersey and Connecticut paid more than 12 percent of income in state and local taxes.

The report estimated that New Yorkers paid on average $6,375 in taxes in 2010, while the average income was $49,935.

The report said that residents of Alaska paid the lowest taxes, largely because of its oil exports.

The national average was 9.9 percent of income went to taxes.

“Some states are able to shift significant portions of their tax burdens to nonresidents, with Alaska being the most aggressive,” said Tax Foundation economist Elizabeth Malm in a statement.

The Tax Foundation has been critical of New York’s tax policies. A report earlier this month from the group said New York had the worst business climate in the nation.

Gov. Andrew Cuomo’s office panned the business-climate report, and so did some business groups. His office has touted a tax deal last year that slightly lowered income taxes for the middle class. The deal kept higher taxes for the wealthy, but they were lower than a tax increase approved in 2009.

Cuomo has also implemented a property-tax cap, which has slowed the growth in property taxes. The Tax Foundation has found that Westchester County has paid the highest property taxes in the nation, while some upstate counties – including Monroe – paid the highest property taxes compared to home value.

BP65 2010 Burdens Report

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  1. And if we elect George Latimer to the state senate, don’t expect this to change.

    Everyone knows he’s against Gov. Cuomo’s tax cap right?

    Latimer doesn’t even have the support of the governor who’s from his own party, that says a lot.

    Vote Cohen, 11/6! You’ll be glad you did.