Tuesday, November 23, 2010

The 10 Highest State Income Tax Rates For 2011

This is one list I'm glad to see Virginia didn't make:
Forbes, The 10 Highest State Income Tax Rates For 2011:
  1. Hawaii: 11% ($200,000 single/$400,000 married)
  2. Oregon: 11% ($250,000 single/$500,000 married)
  3. California: 10.3% ($1,000,000 single & married)
  4. Iowa: 8.98% ($64,755 single & married)
  5. New Jersey: 8.97% ($500,000 single & married)
  6. New York: 8.97% ($500,000 single & married)
  7. Vermont: 8.97% ($379,150 single & married)
  8. Maine: 8.5% ($19,750 single, $39,550 married)
  9. Washington, D.C.: 8.5% ($40,000 single & married)
  10. Minnesota: 7.85% ($74,780 single, $132,220 married)

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