Special Report

The Most Tax-Friendly States for the Rich

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45. Maryland
> Effective tax rate for top 1% of earners: 9.0%
> Effective tax rate for middle 20% of earners: 10.6% (16th highest)
> Avg. income for top 1%: $1.45 million (16th highest)
> State & local tax revenue from sales taxes: 12.4% (7th lowest)
> State & local tax revenue from income taxes: 37.8% (2nd highest)

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44. Hawaii
> Effective tax rate for top 1% of earners: 8.9%
> Effective tax rate for middle 20% of earners: 11.6% (4th highest)
> Avg. income for top 1%: $984,200 (8th lowest)
> State & local tax revenue from sales taxes: 37.2% (9th highest)
> State & local tax revenue from income taxes: 22.9% (23rd lowest)

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43. Nebraska
> Effective tax rate for top 1% of earners: 8.7%
> Effective tax rate for middle 20% of earners: 10.8% (9th highest)
> Avg. income for top 1%: $1.06 million (16th lowest)
> State & local tax revenue from sales taxes: 22.4% (23rd lowest)
> State & local tax revenue from income taxes: 23.1% (24th lowest)

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42. Maine
> Effective tax rate for top 1% of earners: 8.6%
> Effective tax rate for middle 20% of earners: 9.6% (25th highest)
> Avg. income for top 1%: $877,200 (4th lowest)
> State & local tax revenue from sales taxes: 19.6% (18th lowest)
> State & local tax revenue from income taxes: 22.4% (21st lowest)

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41. Connecticut
> Effective tax rate for top 1% of earners: 8.1%
> Effective tax rate for middle 20% of earners: 12.2% (3rd highest)
> Avg. income for top 1%: $3.15 million (the highest)
> State & local tax revenue from sales taxes: 14.5% (10th lowest)
> State & local tax revenue from income taxes: 29.2% (12th highest)

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