None
EN
States ranked by how much of their federal income tax is paid by the top 1%
['Kristine Villarroel', 'July', 'Min Read']
Yahoo News - Latest News & Headlines
A SmartAsset study calculated how much of each state's federal income taxes was paid by the top 1%.
The top 1% of earners make 19% of incomes in the US but pay 37% of all federal income taxes.
SmartAsset ranked all 50 states by the percentage of federal income tax collected that is paid by the top 1% of earners, using the most recent personal income tax return data from the IRS covering the tax year 2022.
OregonJacob Boomsma/Getty ImagesShare of income taxes paid by the top 1%: 30.37%Total income tax paid by the top 1%: $6.77 billionNumber of top 1% households: 19,053Average adjusted gross income per top 1% household: $1.43 million47.
DelawareShare of income taxes paid by the top 1%: 30.38%Total income tax paid by the top 1%: $1.65 billionNumber of top 1% households: 4,726