How Much More Would Upper-Class Earners Make in Each State If Trump Dropped Federal Income Tax?

Donald Trump has been in office for nearly 200 days now and has acted on many of the issues he publicly ruminated upon during the presidential campaign. One of the few that has yet to come to fruition is the abolishment of federal income tax. Trump has repeatedly asserted that he would like to discontinue the federal tax and replace that revenue with the money made via an “all-tariff policy.”

While a number of policy experts and economists have suggested that tariffs on imported goods simply won’t generate enough money to replace the approximately $2 trillion that income taxes generate annually, Trump continues to muse that he may end the federal income tax.

Are in you the upper class and curious how such a move would impact your income? GOBankingRates has calculated how much upper-class residents of each state would save per year with no federal income tax.

• Average income of top 20%: $219,518
• Tax burden: 30.9%
• Bi-weekly paycheck with federal taxes: $5,833
• Bi-weekly paycheck with no federal taxes: $8,028

• Average income of top 20%: $270,877
• Tax burden: 27.7%
• Bi-weekly paycheck with federal taxes: $7,530
• Bi-weekly paycheck with no federal taxes: $10,418

• Average income of top 20%: $259,767
• Tax burden: 29.7%
• Bi-weekly paycheck with federal taxes: $7,027
• Bi-weekly paycheck with no federal taxes: $9,755

• Average income of top 20%: $212,270
• Tax burden: 30.0%
• Bi-weekly paycheck with federal taxes: $5,714
• Bi-weekly paycheck with no federal taxes: $7,814

• Average income of top 20%: $356,382
• Tax burden: 38.3%
• Bi-weekly paycheck with federal taxes: $8,463
• Bi-weekly paycheck with no federal taxes: $12,579

• Average income of top 20%: $307,101
• Tax burden: 33.1%
• Bi-weekly paycheck with federal taxes: $7,908
• Bi-weekly paycheck with no federal taxes: $11,317

• Average income of top 20%: $358,875
• Tax burden: 36.1%
• Bi-weekly paycheck with federal taxes: $8,823
• Bi-weekly paycheck with no federal taxes: $12,976

• Average income of top 20%: $266,218
• Tax burden: 33.7%
• Bi-weekly paycheck with federal taxes: $6,790
• Bi-weekly paycheck with no federal taxes: $9,611

• Average income of top 20%: $266,051
• Tax burden: 27.5%
• Bi-weekly paycheck with federal taxes: $7,414
• Bi-weekly paycheck with no federal taxes: $10,233

• Average income of top 20%: $264,953
• Tax burden: 32.8%
• Bi-weekly paycheck with federal taxes: $6,853
• Bi-weekly paycheck with no federal taxes: $9,656

• Average income of top 20%: $310,254
• Tax burden: 38.1%
• Bi-weekly paycheck with federal taxes: $7,392
• Bi-weekly paycheck with no federal taxes: $10,846

• Average income of top 20%: $240,204
• Tax burden: 32.1%
• Bi-weekly paycheck with federal taxes: $6,277
• Bi-weekly paycheck with no federal taxes: $8,745

• Average income of top 20%: $289,355
• Tax burden: 33.3%
• Bi-weekly paycheck with federal taxes: $7,425
• Bi-weekly paycheck with no federal taxes: $10,578

• Average income of top 20%: $226,387
• Tax burden: 29.3%
• Bi-weekly paycheck with federal taxes: $6,156
• Bi-weekly paycheck with no federal taxes: $8,442

• Average income of top 20%: $231,690
• Tax burden: 32.0%
• Bi-weekly paycheck with federal taxes: $6,059
• Bi-weekly paycheck with no federal taxes: $8,415

• Average income of top 20%: $240,712
• Tax burden: 32.2%
• Bi-weekly paycheck with federal taxes: $6,281
• Bi-weekly paycheck with no federal taxes: $8,756

• Average income of top 20%: $219,022
• Tax burden: 29.9%
• Bi-weekly paycheck with federal taxes: $5,903
• Bi-weekly paycheck with no federal taxes: $8,092

• Average income of top 20%: $223,489
• Tax burden: 30.1%
• Bi-weekly paycheck with federal taxes: $6,005
• Bi-weekly paycheck with no federal taxes: $8,253

• Average income of top 20%: $237,505
• Tax burden: 33.1%
• Bi-weekly paycheck with federal taxes: $6,108
• Bi-weekly paycheck with no federal taxes: $8,541

• Average income of top 20%: $327,400
• Tax burden: 34.6%
• Bi-weekly paycheck with federal taxes: $8,236
• Bi-weekly paycheck with no federal taxes: $11,936

• Average income of top 20%: $364,076
• Tax burden: 35.2%
• Bi-weekly paycheck with federal taxes: $9,076
• Bi-weekly paycheck with no federal taxes: $13,303

• Average income of top 20%: $240,130
• Tax burden: 31.0%
• Bi-weekly paycheck with federal taxes: $6,376
• Bi-weekly paycheck with no federal taxes: $8,843

• Average income of top 20%: $282,691
• Tax burden: 35.6%
• Bi-weekly paycheck with federal taxes: $7,008
• Bi-weekly paycheck with no federal taxes: $10,065

• Average income of top 20%: $197,470
• Tax burden: 29.9%
• Bi-weekly paycheck with federal taxes: $5,328
• Bi-weekly paycheck with no federal taxes: $7,260

• Average income of top 20%: $234,836
• Tax burden: 31.0%
• Bi-weekly paycheck with federal taxes: $6,235
• Bi-weekly paycheck with no federal taxes: $8,632

• Average income of top 20%: $237,041
• Tax burden: 32.1%
• Bi-weekly paycheck with federal taxes: $6,195
• Bi-weekly paycheck with no federal taxes: $8,622

• Average income of top 20%: $247,090
• Tax burden: 31.9%
• Bi-weekly paycheck with federal taxes: $6,556
• Bi-weekly paycheck with no federal taxes: $8,992

• Average income of top 20%: $258,414
• Tax burden: 27.3%
• Bi-weekly paycheck with federal taxes: $7,230
• Bi-weekly paycheck with no federal taxes: $9,939

• Average income of top 20%: $297,363
• Tax burden: 28.6%
• Bi-weekly paycheck with federal taxes: $8,168
• Bi-weekly paycheck with no federal taxes: $11,437

• Average income of top 20%: $359,314
• Tax burden: 35.9%
• Bi-weekly paycheck with federal taxes: $8,863
• Bi-weekly paycheck with no federal taxes: $13,021

• Average income of top 20%: $216,944
• Tax burden: 30.3%
• Bi-weekly paycheck with federal taxes: $5,812
• Bi-weekly paycheck with no federal taxes: $7,973

• Average income of top 20%: $342,150
• Tax burden: 35.7%
• Bi-weekly paycheck with federal taxes: $8,460
• Bi-weekly paycheck with no federal taxes: $12,372

• Average income of top 20%: $249,042
• Tax burden: 31.3%
• Bi-weekly paycheck with federal taxes: $6,584
• Bi-weekly paycheck with no federal taxes: $9,170

• Average income of top 20%: $246,410
• Tax burden: 28.4%
• Bi-weekly paycheck with federal taxes: $6,785
• Bi-weekly paycheck with no federal taxes: $9,336

• Average income of top 20%: $237,659
• Tax burden: 29.6%
• Bi-weekly paycheck with federal taxes: $6,440
• Bi-weekly paycheck with no federal taxes: $8,875

• Average income of top 20%: $219,134
• Tax burden: 30.5%
• Bi-weekly paycheck with federal taxes: $5,857
• Bi-weekly paycheck with no federal taxes: $8,047

• Average income of top 20%: $269,437
• Tax burden: 36.8%
• Bi-weekly paycheck with federal taxes: $6,547
• Bi-weekly paycheck with no federal taxes: $9,414

• Average income of top 20%: $266,309
• Tax burden: 30.6%
• Bi-weekly paycheck with federal taxes: $7,106
• Bi-weekly paycheck with no federal taxes: $9,928

• Average income of top 20%: $276,548
• Tax burden: 32.6%
• Bi-weekly paycheck with federal taxes: $7,168
• Bi-weekly paycheck with no federal taxes: $10,137

• Average income of top 20%: $237,160
• Tax burden: 32.3%
• Bi-weekly paycheck with federal taxes: $6,172
• Bi-weekly paycheck with no federal taxes: $8,600

• Average income of top 20%: $230,785
• Tax burden: 26.4%
• Bi-weekly paycheck with federal taxes: $6,532
• Bi-weekly paycheck with no federal taxes: $8,876

• Average income of top 20%: $238,504
• Tax burden: 26.7%
• Bi-weekly paycheck with federal taxes: $6,727
• Bi-weekly paycheck with no federal taxes: $9,173

• Average income of top 20%: $272,904
• Tax burden: 27.8%
• Bi-weekly paycheck with federal taxes: $7,579
• Bi-weekly paycheck with no federal taxes: $10,496

• Average income of top 20%: $276,288
• Tax burden: 32.6%
• Bi-weekly paycheck with federal taxes: $7,168
• Bi-weekly paycheck with no federal taxes: $10,134

• Average income of top 20%: $252,655
• Tax burden: 33.5%
• Bi-weekly paycheck with federal taxes: $6,459
• Bi-weekly paycheck with no federal taxes: $9,091

• Average income of top 20%: $316,724
• Tax burden: 34.6%
• Bi-weekly paycheck with federal taxes: $7,962
• Bi-weekly paycheck with no federal taxes: $11,509

• Average income of top 20%: $325,947
• Tax burden: 29.3%
• Bi-weekly paycheck with federal taxes: $8,857
• Bi-weekly paycheck with no federal taxes: $12,536

• Average income of top 20%: $197,286
• Tax burden: 30.1%
• Bi-weekly paycheck with federal taxes: $5,303
• Bi-weekly paycheck with no federal taxes: $7,234

• Average income of top 20%: $238,669
• Tax burden: 31.5%
• Bi-weekly paycheck with federal taxes: $6,287
• Bi-weekly paycheck with no federal taxes: $8,735

• Average income of top 20%: $235,402
• Tax burden: 26.6%
• Bi-weekly paycheck with federal taxes: $6,649
• Bi-weekly paycheck with no federal taxes: $9,054

Methodology: To generate the income tax for every state, GOBankingRates first found the average income of the top 20% in every state based on 2023 American Community Survey median household figures and income tax estimates were created by using an in-house calculator for a person who was filing their taxes as a single person and using the standard deduction (with 2024 tax brackets). Once the income taxes (federal and state) were calculated as an annual amount, GOBankingRates found each state’s (1) total annual income taxes paid; (2) total income tax burden; (3) amount taken out of bi-weekly paycheck; and (4) bi-weekly paycheck amount. GOBankingRates then took these figures and removed the federal income taxes (including FICA) to see what upper class (top 205) paychecks would look like by state without federal income taxes. All data was collected and is up to date as of Apr. 17, 2025.