Business Insider
US · 30 mins ago
States ranked by how much of their federal income tax is paid by the top 1%
Florida ranked second-highest in the SmartAsset study.
Kruck20/Getty Images
Tax proposals in New York and California aim to increase taxes on the wealthiest residents.
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.
Tax proposals targeting wealthy residents have renewed debate in states including New York and California about how much the rich should…
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