Top State Marginal Income Tax Rates 2023

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Top State Marginal Income Tax Rates 2023

Note: (*) State has a flat income tax.  (**) State only taxes interest and dividends income. (***) State only taxes capital gains income. Map shows top marginal rates: the maximum statutory rate in each state. This map does not show effective marginal tax rates, which would include the effects of phase-outs of various tax preferences. Local income taxes are not included. Source: Tax Foundation, state tax statues, forms, and instructions; Bloomberg Tax.

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