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Business, Economy

“Residents of this state pay $987,117 in lifetime taxes. Guess which one?”

“With Tax Day approaching, here’s a sobering thought: The average American pays $524,625 in taxes in their lifetime, according to a new study…

New Jersey residents pay $987,117 in lifetime taxes, the analysis found, the highest tab in the nation. Washington, D.C., comes second, with a lifetime tax burden of $884,820. Connecticut and Massachusetts are third and fourth, at $855,307 and $816,700. The lowest-tax state is West Virginia, with a lifetime cost of $358,407...”

https://www.usatoday.com/story/money/2024/04/11/which-states-cost-the-most-in-lifetime-taxes/73279496007

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