Report Ranks States by Top 1% Contribution to Federal Income Tax
A new report has ranked US states based on the percentage of federal income tax paid by the top 1% of earners. The analysis highlights the varying contributions of high-income individuals across different states.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Low (19/100)Sources
States ranked by how much of their federal income tax is paid by the top 1%
Florida ranked second-highest in the SmartAsset study. Kruck20/Getty Images Tax proposals in New York and California aim to increase taxes on the wealthiest residents. A SmartAsset study calculated how much of each state's federal income taxes was paid by the top 1%. The top 1% of earners make 19% of incomes in the US but pay 37% of all federal income taxes. Tax proposals targeting wealthy residents have renewed debate in states including New York and California about how much the rich shou...
Read full article →States ranked by how much of their federal income tax is paid by the top 1%
Read full article →Coverage Timeline
Related Stories
Adamawa Commissioner Insists EFCC Has Full Contract Details Amid Allegations
4m ago
Adeleke Campaign Seeks Police Guarantee for Peaceful Osun Election
10m ago

Republican Max Miller Faces Accusations, Refuses to Resign
11m ago
Osun Governor Adeleke Alleges Extrajudicial Killings, Urges Tinubu Intervention
11m ago