The lists are based on effective state tax rates for married couples with two children; varying charitable and mortgage interest deductions; and joint earnings of $250,000, $500,000, and $1 million. The “winners” are:
| Rank | State |
Effective
Tax Rate
|
Top
Tax Rate
|
Top Rate
Threshold
|
$250,000
| ||||
| 1 | Oregon | 7.61% | 11% | $500,000 |
| 2 | Hawaii | 6.98% | 11% | Over $400,000 |
| 3 | Maine | 6.86% | 8.5% | $39,900 |
| 4 | D.C. | 6.68% | 8.5% | Over $40,000 |
| 5 | North Carolina | 6.47% | 7.75% | Over $100,000 |
| 6 | New York | 6.36% | 8.97% | Over $500,00 |
| 7 | Idaho | 6.32% | 7.8% | $52,640 |
| 8 | California | 6.3% | 10.3% | $1 million |
| 9 | Minnesota | 6.0% | 7.85% | $134,171 |
| 10 | West Virginia | 5.84% | 6.5% | Over $100,000 |
| $500,000 | ||||
| 1 | Oregon | 8.06% | 11% | $500,000 |
| 2 | Hawaii | 8.06% | 11% | Over $400,000 |
| 3 | California | 7.78% | 10.3% | $1 million |
| 4 | D.C. | 7.46% | 8.5% | Over $40,000 |
| 5 | New York | 7.42% | 8.97% | Over $500,00 |
| 6 | Maine | 7.34% | 8.5% | $39,900 |
| 7 | Minnesota | 6.96% | 7.85% | $134,171 |
| 8 | North Carolina | 6.80% | 7.75% | Over $100,000 |
| 9 | Idaho | 6.75% | 7.8% | $52,640 |
| 10 | Wisconsin | 6.43% | 7.75% | $298,941 |
| $1,000,000 | ||||
| 1 | Oregon | 9.98% | 11% | $500,000 |
| 2 | Hawaii | 9.66% | 11% | Over $400,000 |
| 3 | New York | 8.75% | 8.97% | Over $500,00 |
| 4 | California | 8.75% | 10.3% | $1 million |
| 5 | D.C. | 8.16% | 8.5% | Over $40,000 |
| 6 | Maine | 7.89% | 8.5% | $39,900 |
| 7 | Minnesota | 7.53% | 7.85% | $134,171 |
| 8 | North Carolina | 7.24% | 7.75% | Over $100,000 |
| 9 | Idaho | 7.24% | 7.8% | $52,640 |
| 10 | New Jersey | 7.19% | 11% | $500,000 |
