How Much the Top 5% Pay in Taxes in Every State

The percentage of income America’s top earners get to keep varies dramatically depending on which state they call home. A new study from GOBankingRates reveals a staggering disparity in both income levels and tax liabilities for the top 5% of earners across the 50 states. The analysis shows that the combined weight of federal, state and FICA taxes can consume nearly half of a paycheck in some areas while leaving significantly more on the table in others. To determine these figures, GOBankingRates used a ...