Quick Guide to Understand How New York Taxes Work
New York State tax has the second-highest average tax rate in the country, with the typical New Yorker paying over a quarter of their income to state and federal governments. And that’s just at the state level. For the 8.5 million-plus people living in New York City — the least tax-friendly city in America — additional city taxes mean they’re shelling out even more.
Read The Story: New York State Taxes: Everything You Need to Know
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