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Re: clo and zzshart are having orgasms because MSNBC "thinks" Massachusetts' new millionaire tax may be doing better than initially expected 

By: De_Composed in 6TH POPE | Recommend this post (1)
Sun, 26 May 24 3:43 PM | 23 view(s)
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Msg. 53549 of 58519
(This msg. is a reply to 53543 by Beldin)

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Beldin:

Re: “New Hampshire 5.63%”
New Hampshire only taxes dividends and interest. Effective 2025, those taxes will go away.





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The above is a reply to the following message:
Re: clo and zzshart are having orgasms because MSNBC "thinks" Massachusetts' new millionaire tax may be doing better than initially expected
By: Beldin
in 6TH POPE
Sun, 26 May 24 12:42 PM
Msg. 53543 of 58519

Yep ... I found this listing of "overall tax burden by state" (property, income, and sales/excise taxes) ... 

http://wallethub.com/edu/states-with-highest-lowest-tax-burden/20494

... and the traditional New England states (ME, NH, VT, MA, RI & CT) are shown, as follows:

Maine 10.74%
New Hampshire 5.63%
Vermont 11.12%
Massachusetts 8.55%
Rhode Island 9.38%
Connecticut 10.08%.

These are averages of the effective rates across the spectrum of all residents in a particular state, so this does not report the maximum effective income tax rates for those in the upper echelons. 


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