What The Top 1% Richest Americans Pay In Taxes Across The US

0 2

This graphic, via Visual Capitalist’s Bruno Venditti, uses IRS data from 2022 analyzed by SmartAsset to show how much the richest people contribute to income tax revenue.

Where the Top 1% Pay the Largest Share of Taxes

The table below includes each state’s share of income taxes paid by the top 1% and the total amount of income tax they paid.

Wyoming leads the nation, with the top 1% paying 54.67% of all state income taxes.

Florida and Nevada follow closely, both surpassing the 50% threshold.

These states attract high-income individuals in part due to tax-friendly policies and large concentrations of wealthy households.

Rank State Income taxes paid by top 1% Total income tax paid by 1% (thousands of dollars)
1 Wyoming 54.67% $2,460,940
2 Florida 53.62% $96,264,565
3 Nevada 51.12% $11,010,104
4 New York 46.26% $79,488,609
5 Texas 44.52% $81,990,700
6 Connecticut 43.85% $16,284,881
7 Montana 42.92% $2,690,156
8 Arkansas 42.22% $4,814,153
9 Utah 41.16% $7,477,634
10 Tennessee 41.04% $14,547,566
11 South Dakota 40.46% $2,020,508
12 Louisiana 38.72% $6,806,423
13 California 38.60% $122,452,981
14 Illinois 38.39% $32,677,874
15 Georgia 38.31% $21,001,340
16 Mississippi 38.29% $3,297,109
17 Idaho 38.20% $3,392,957
18 Massachusetts 38.19% $26,646,912
19 Arizona 38.00% $14,438,918
20 Oklahoma 37.80% $5,622,529
21 Missouri 37.16% $10,481,163
22 South Carolina 37.05% $8,867,845
23 Nebraska 37.03% $3,704,671
24 Alabama 36.15% $6,778,809
25 Kansas 35.79% $5,066,051
26 Wisconsin 35.54% $11,024,109
27 Indiana 35.52% $10,518,818
28 New Hampshire 35.41% $3,946,877
29 North Carolina 35.28% $19,037,365
30 Pennsylvania 35.09% $26,128,752
31 Michigan 35.01% $16,650,121
32 Ohio 34.60% $18,842,538
33 Colorado 34.51% $14,894,687
34 North Dakota 34.41% $1,521,767
35 Kentucky 34.26% $5,451,182
36 New Jersey 33.78% $26,899,308
37 Rhode Island 33.58% $2,150,700
38 Hawaii 33.57% $2,455,554
39 Iowa 33.16% $4,813,252
40 Virginia 32.94% $19,239,261
41 Minnesota 32.64% $11,524,941
42 New Mexico 32.30% $2,380,544
43 Washington 32.06% $20,012,467
44 Vermont 32.04% $1,078,255
45 Maine 30.48% $1,976,671
46 Maryland 30.45% $12,675,749
47 Delaware 30.38% $1,647,326
48 Oregon 30.37% $6,773,041
49 West Virginia 30.28% $1,647,747
50 Alaska 26.37% $1,016,945

High-Population States with High-Dollar Contributions

In states like California, Texas, and New York, the share of taxes paid by the top 1% ranges from 39% to 46%, but the dollar amounts are higher due to population scale.

California’s top earners alone account for more than $122 billion in income taxes, the largest total contribution of any state.

High adjusted gross incomes—often above $2 million—mean that even moderate tax-share percentages translate into substantial revenue.

States with More Evenly Distributed Tax Burdens

States further down the ranking, such as Oklahoma, Arizona, and Idaho, still see the top 1% paying about 38% of income taxes.

Alaska sits at the bottom, with top earners paying 26%.

Across nearly every state, the top 1% shoulder between one-third and one-half of total income taxes.

If you enjoyed today’s post, check out Mean vs. Median: Visualizing Net Worth in the U.S. by Age Group on Voronoi, the new app from Visual Capitalist.

Loading recommendations…

Read the full article here

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy