The Tax Foundation recently released a report showing that New York State continues to have the highest combined state and local tax burden in the country. According to the report from the non-partisan tax analysis group, New York has held this distinction for 14 years. Contrary to popular perception, New York’s state taxes by themselves are not the highest in the nation - the top honors comes when state taxes are combined with the local burden. While only shocking in a Casablanca way, this information should probably be taken in the context of New York receiving less federal largess than most other states - New Yorkers essentially subsidize federal spending elsewhere. So aside from however you may feel about the state’s multi-leveled governments, budgetary practices, and state and local programs, we also have to make up for what the feds dole out to others.
