What Do the Richest 1% Really Pay in Taxes?

Back in September, New Jersey Gov. Phil Murphy announced a deal that raised taxes on the state’s wealthiest residents to help the struggling middle class. This bill — one of the first of its kind — posed a critical question to the rest of the United States: Is taxing the rich a viable way to ride out the pandemic?

Imposing a “wealth tax” on the nation’s upper class isn’t a new concept, although it is a controversial one. Currently, the top federal income tax rate is 37% for 2019 returns; but throughout U.S. history, it’s been much higher. It peaked at 94% in 1944 and 1945, according to the Tax Policy Center, and the lowest it’s been in recent history was 28% under President Ronald Reagan. Whether the rich pay their fair share of taxes is still up for debate, but there’s no question that they do pay a disproportionate share of taxes in the U.S.

Read: Americans’ Savings Drop to Lowest Point in Years

Not surprisingly, GOBankingRates found that the tax burden on the top 1% varies greatly from state to state. However, in almost every state, at least 30% of the wealthiest taxpayers’ incomes go toward taxes. The study is ranked from lowest to highest average income of the top 1%. Take a look at this state-by-state breakdown of how much the rich pay in taxes.

Last updated: March 19, 2021

50. West Virginia
Average income of the top 1%: $535,648

Single filers:Total income and sales taxes paid: $197,901
Tax burden: 36.95%

Married couples filing jointly:Total income and sales taxes paid: $167,769
Tax burden: 31.32%
Income needed to make the top 1%: $258,078
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49. Mississippi
Average income of the top 1%: $580,461

Single filers:Total income and sales taxes paid: $209,941
Tax burden: 36.17%

Married couples filing jointly:Total income and sales taxes paid: $179,095
Tax burden: 30.85%
Income needed to make the top 1%: $254,362
Find Out: How Much You Need To Be in the Top 5% in Every State

48. New Mexico
Average income of the top 1%: $615,082

Single filers:Total income and sales taxes paid: $224,821
Tax burden: 36.55%

Married couples filing jointly:Total income and sales taxes paid: $193,166
Tax burden: 31.40%
Income needed to make the top 1%: $255,429
See: What Can I Write Off on My Taxes?

47. Maine
Average income of the top 1%: $655,870

Single filers:Total income and sales taxes paid: $255,733
Tax burden: 38.99%

Married couples filing jointly:Total income and sales taxes paid: $223,085
Tax burden: 34.01%
Income needed to make the top 1%: $303,897

46. Kentucky
Average income of the top 1%: $719,012

Single filers:Total income and sales taxes paid: $267,886
Tax burden: 37.26%

Married couples filing jointly:Total income and sales taxes paid: $235,914
Tax burden: 32.81%
Income needed to make the top 1%: $274,818

45. Alabama
Average income of the top 1%: $743,644

Single filers:Total income and sales taxes paid: $281,033
Tax burden: 37.79%

Married couples filing jointly:Total income and sales taxes paid: $249,021
Tax burden: 33.49%
Income needed to make the top 1%: $297,564

44. South Carolina
Average income of the top 1%: $761,185

Single filers:Total income and sales taxes paid: $301,827
Tax burden: 39.65%

Married couples filing jointly:Total income and sales taxes paid: $269,611
Tax burden: 35.42%
Income needed to make the top 1%: $318,463

43. Iowa
Average income of the top 1%: $788,419

Single filers:Total income and sales taxes paid: $324,726
Tax burden: 41.19%

Married couples filing jointly:Total income and sales taxes paid: $292,323
Tax burden: 37.08%
Income needed to make the top 1%: $331,572

42. Hawaii
Average income of the top 1%: $797,001

Single filers:Total income and sales taxes paid: $345,741
Tax burden: 43.38%

Married couples filing jointly:Total income and sales taxes paid: $307,415
Tax burden: 38.57%
Income needed to make the top 1%: $310,566

41. Indiana
Average income of the top 1%: $804,275

Single filers:Total income and sales taxes paid: $290,508
Tax burden: 36.12%

Married couples filing jointly:Total income and sales taxes paid: $258,753
Tax burden: 32.17%
Income needed to make the top 1%: $316,756

40. Louisiana
Average income of the top 1%: $814,386

Single filers:Total income and sales taxes paid: $318,246
Tax burden: 39.08%

Married couples filing jointly:Total income and sales taxes paid: $284,903
Tax burden: 34.98%
Income needed to make the top 1%: $318,393

39. Vermont
Average income of the top 1%: $816,579

Single filers:Total income and sales taxes paid: $336,217
Tax burden: 41.17%

Married couples filing jointly:Total income and sales taxes paid: $301,784
Tax burden: 36.96%
Income needed to make the top 1%: $321,969

38. Idaho
Average income of the top 1%: $829,268

Single filers:Total income and sales taxes paid: $329,845
Tax burden: 39.78%

Married couples filing jointly:Total income and sales taxes paid: $297,372
Tax burden: 35.86%
Income needed to make the top 1%: $314,532

37. Montana
Average income of the top 1%: $855,976

Single filers:Total income and sales taxes paid: $334,819
Tax burden: 39.12%

Married couples filing jointly:Total income and sales taxes paid: $302,615
Tax burden: 35.35%
Income needed to make the top 1%: $321,849

36. Ohio
Average income of the top 1%: $858,965

Single filers:Total income and sales taxes paid: $325,232
Tax burden: 37.86%

Married couples filing jointly:Total income and sales taxes paid: $293,260
Tax burden: 34.14%
Income needed to make the top 1%: $334,979
Learn More: 5 Common Reasons You Might Owe Taxes

35. Arkansas
Average income of the top 1%: $864,772

Single filers:Total income and sales taxes paid: $347,058
Tax burden: 40.13%

Married couples filing jointly:Total income and sales taxes paid: $314,855
Tax burden: 36.41%
Income needed to make the top 1%: $255,050

34. Delaware
Average income of the top 1%: $869,461

Single filers:Total income and sales taxes paid: $337,737
Tax burden: 38.84%

Married couples filing jointly:Total income and sales taxes paid: $305,571
Tax burden: 35.14%
Income needed to make the top 1%: $340,770

33. Arizona
Average income of the top 1%: $882,657

Single filers:Total income and sales taxes paid: $334,508
Tax burden: 37.90%

Married couples filing jointly:Total income and sales taxes paid: $301,445
Tax burden: 34.15%
Income needed to make the top 1%: $331,074

32. North Carolina
Average income of the top 1%: $902,972

Single filers:Total income and sales taxes paid: $348,488
Tax burden: 38.59%

Married couples filing jointly:Total income and sales taxes paid: $316,486
Tax burden: 35.05%
Income needed to make the top 1%: $343,066

31. Oregon
Average income of the top 1%: $908,898

Single filers:Total income and sales taxes paid: $384,165
Tax burden: 42.27%

Married couples filing jointly:Total income and sales taxes paid: $350,221
Tax burden: 38.53%
Income needed to make the top 1%: $358,937

30. Alaska
Average income of the top 1%: $910,059

Single filers:Total income and sales taxes paid: $299,623
Tax burden: 32.92%

Married couples filing jointly:Total income and sales taxes paid: $268,262
Tax burden: 29.48%
Income needed to make the top 1%: $400,017

29. Michigan
Average income of the top 1%: $917,701

Single filers:Total income and sales taxes paid: $344,330
Tax burden: 37.52%

Married couples filing jointly:Total income and sales taxes paid: $312,449
Tax burden: 34.05%
Income needed to make the top 1%: $328,649

28. Rhode Island
Average income of the top 1%: $928,204

Single filers:Total income and sales taxes paid: $365,307
Tax burden: 39.36%

Married couples filing jointly:Total income and sales taxes paid: $333,214
Tax burden: 35.90%
Income needed to make the top 1%: $346,657

27. Oklahoma
Average income of the top 1%: $932,520

Single filers:Total income and sales taxes paid: $359,662
Tax burden: 38.57%

Married couples filing jointly:Total income and sales taxes paid: $327,523
Tax burden: 35.12%
Income needed to make the top 1%: $333,139

26. Missouri
Average income of the top 1%: $944,804

Single filers:Total income and sales taxes paid: $368,117
Tax burden: 38.96%

Married couples filing jointly:Total income and sales taxes paid: $336,096
Tax burden: 35.57%
Income needed to make the top 1%: $326,839

25. Nebraska
Average income of the top 1%: $945,869

Single filers:Total income and sales taxes paid: $380,272
Tax burden: 40.20%

Married couples filing jointly:Total income and sales taxes paid: $347,165
Tax burden: 36.70%
Income needed to make the top 1%: $363,310
Find Out: What Can I Write Off on My Taxes?

24. Tennessee
Average income of the top 1%: $947,021

Single filers:Total income and sales taxes paid: $338,610
Tax burden: 35.76%

Married couples filing jointly:Total income and sales taxes paid: $307,005
Tax burden: 32.42%
Income needed to make the top 1%: $332,913

23. Wisconsin
Average income of the top 1%: $964,358

Single filers:Total income and sales taxes paid: $391,900
Tax burden: 40.64%

Married couples filing jointly:Total income and sales taxes paid: $358,308
Tax burden: 37.16%
Income needed to make the top 1%: $349,905

22. Georgia
Average income of the top 1%: $995,576

Single filers:Total income and sales taxes paid: $392,335
Tax burden: 39.41%

Married couples filing jointly:Total income and sales taxes paid: $360,209
Tax burden: 36.18%
Income needed to make the top 1%: $371,811

21. Kansas
Average income of the top 1%: $1,034,676

Single filers:Total income and sales taxes paid: $409,258
Tax burden: 39.55%

Married couples filing jointly:Total income and sales taxes paid: $376,666
Tax burden: 36.40%
Income needed to make the top 1%: $375,344

20. Utah
Average income of the top 1%: $1,057,066

Single filers:Total income and sales taxes paid: $410,782
Tax burden: 38.86%

Married couples filing jointly:Total income and sales taxes paid: $378,816
Tax burden: 35.84%
Income needed to make the top 1%: $374,467

19. North Dakota
Average income of the top 1%: $1,080,845

Single filers:Total income and sales taxes paid: $396,093
Tax burden: 36.65%

Married couples filing jointly:Total income and sales taxes paid: $363,823
Tax burden: 33.66%
Income needed to make the top 1%: $445,415

18. Pennsylvania
Average income of the top 1%: $1,100,962

Single filers:Total income and sales taxes paid: $408,169
Tax burden: 37.07%

Married couples filing jointly:Total income and sales taxes paid: $376,433
Tax burden: 34.19%
Income needed to make the top 1%: $388,593

17. Virginia
Average income of the top 1%: $1,109,984

Single filers:Total income and sales taxes paid: $440,250
Tax burden: 39.66%

Married couples filing jointly:Total income and sales taxes paid: $408,187
Tax burden: 36.77%
Income needed to make the top 1%: $425,144
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16. South Dakota
Average income of the top 1%: $1,130,048

Single filers:Total income and sales taxes paid: $385,273
Tax burden: 34.09%

Married couples filing jointly:Total income and sales taxes paid: $353,912
Tax burden: 31.32%
Income needed to make the top 1%: $407,406

15. New Hampshire
Average income of the top 1%: $1,134,101

Single filers:Total income and sales taxes paid: $436,186
Tax burden: 38.46%

Married couples filing jointly:Total income and sales taxes paid: $404,214
Tax burden: 35.64%
Income needed to make the top 1%: $405,286

14. Maryland
Average income of the top 1%: $1,135,718

Single filers:Total income and sales taxes paid: $452,083
Tax burden: 39.81%

Married couples filing jointly:Total income and sales taxes paid: $419,458
Tax burden: 36.93%
Income needed to make the top 1%: $445,783

13. Minnesota
Average income of the top 1%: $1,185,581

Single filers:Total income and sales taxes paid: $518,411
Tax burden: 43.73%

Married couples filing jointly:Total income and sales taxes paid: $482,919
Tax burden: 40.73%
Income needed to make the top 1%: $443,118
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12. Colorado
Average income of the top 1%: $1,261,053

Single filers:Total income and sales taxes paid: $493,452
Tax burden: 39.13%

Married couples filing jointly:Total income and sales taxes paid: $461,526
Tax burden: 36.60%
Income needed to make the top 1%: $458,576

11. Texas
Average income of the top 1%: $1,343,897

Single filers:Total income and sales taxes paid: $465,868
Tax burden: 34.67%

Married couples filing jointly:Total income and sales taxes paid: $434,507
Tax burden: 32.33%
Income needed to make the top 1%: $440,758

10. Nevada
Average income of the top 1%: $1,354,780

Single filers:Total income and sales taxes paid: $470,996
Tax burden: 34.77%

Married couples filing jointly:Total income and sales taxes paid: $439,635
Tax burden: 32.45%
Income needed to make the top 1%: $341,335

9. Washington
Average income of the top 1%: $1,383,223

Single filers:Total income and sales taxes paid: $483,327
Tax burden: 34.94%

Married couples filing jointly:Total income and sales taxes paid: $451,966
Tax burden: 32.67%
Income needed to make the top 1%: $451,395
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8. Illinois
Average income of the top 1%: $1,412,024

Single filers:Total income and sales taxes paid: $561,576
Tax burden: 39.77%

Married couples filing jointly:Total income and sales taxes paid: $529,611
Tax burden: 37.51%
Income needed to make the top 1%: $456,377

7. Florida
Average income of the top 1%: $1,543,124

Single filers:Total income and sales taxes paid: $538,935
Tax burden: 34.92%

Married couples filing jointly:Total income and sales taxes paid: $507,574
Tax burden: 32.89%
Income needed to make the top 1%: $417,587

6. New Jersey
Average income of the top 1%: $1,581,829

Single filers:Total income and sales taxes paid: $680,304
Tax burden: 43.01%

Married couples filing jointly:Total income and sales taxes paid: $645,934
Tax burden: 40.83%
Income needed to make the top 1%: $588,575
If the new proposed tax plan is passed into law, those who earn more than $1 million a year will pay 10.75% in state income taxes, as opposed to the 8.97% they’re paying now. Meanwhile, parents earning less than $150,000 will receive a rebate of up to $500 per child.

5. California
Average income of the top 1%: $1,693,094

Single filers:Total income and sales taxes paid: $798,797
Tax burden: 47.18%

Married couples filing jointly:Total income and sales taxes paid: $751,034
Tax burden: 44.36%
Income needed to make the top 1%: $514,694

4. Wyoming
Average income of the top 1%: $1,900,659

Single filers:Total income and sales taxes paid: $669,610
Tax burden: 35.23%

Married couples filing jointly:Total income and sales taxes paid: $638,249
Tax burden: 33.58%
Income needed to make the top 1%: $405,596

3. Massachusetts
Average income of the top 1%: $1,904,805

Single filers:Total income and sales taxes paid: $769,639
Tax burden: 40.41%

Married couples filing jointly:Total income and sales taxes paid: $737,661
Tax burden: 38.73%
Income needed to make the top 1%: $582,774

2. New York
Average income of the top 1%: $2,202,480

Single filers:Total income and sales taxes paid: $958,503
Tax burden: 43.52%

Married couples filing jointly:Total income and sales taxes paid: $903,928
Tax burden: 41.04%
Income needed to make the top 1%: $550,174

1. Connecticut
Average income of the top 1%: $2,522,806

Single filers:Total income and sales taxes paid: $1,074,605
Tax burden: 42.60%

Married couples filing jointly:Total income and sales taxes paid: $1,038,991
Tax burden: 41.18%
Income needed to make the top 1%: $700,800
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Levi Leidy contributed to the reporting for this article.Methodology: To find the tax burden on the richest 1% in every state, GOBankingRates used the “Income Inequality in the United States” study from the Economic Policy Institute to source the average annual income of the top 1% in every state. GOBankingRates then sourced both the federal and state tax brackets for 2019 from the Tax Foundation. GOBankingRates used an in-house income tax calculator to find both the effective and marginal tax rates on the average income of the top 1% in every state. These calculations were done for taxpayers filing as a single person and for a married couple filing jointly. GOBankingRates then used the 2018 Consumer Expenditure Survey by income decile from the Bureau of Labor Statistics to find the annual expenditure for the top 10% income decile (minus shelter and healthcare) and the Cost of Living Data series from the Missouri Economic Research and Information Center to find the annual expenditure of the top 10% in each state. The annual expenditure of each state was then multiplied by each state’s average combined sales tax (the state rate plus the average local rate) to give the total dollars spent on sales tax for each state. To figure out the total tax burden, GOBankingRates combined the total spent on federal and state income taxes plus the total spent on sales tax annually divided by average income. Property tax was not included due to the lack of consistent data for home values of the top 1% in every state. The standard deduction was used when calculating income tax rates. All data used to conduct this study was compiled and verified on Jan. 24, 2020, and is subject to change.

This article originally appeared on GOBankingRates.com: What Do the Richest 1% Really Pay in Taxes?

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