News 12 Staff

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Mar 5, 2024, 6:44 AM

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Updated

More Stories

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Recent data from the personal finance company WalletHub reveals that New Yorkers shoulder a significant tax burden, with the average resident paying nearly $13,400 in taxes annually.

These taxes encompass various expenditures, including those on essentials like gas, groceries, and cigarettes.

New York ranked second highest in tax burden nationwide, following closely behind Illinois, which claimed the number one spot.

Behind New York in terms of tax burden are Connecticut and New Jersey, further highlighting the financial challenges faced by residents in these states.