Baltimore Among Cities With Highest Tax Burden

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Courtesy Citybizlist – Connecticut’s Bridgeport is the highest taxed city in the U.S., 24/7 Wall St. reported based on the local government report, ‘Tax Rates and Tax Burdens in the District of Columbia — A Nationwide Comparison.” Cheyenne, Wyo., is the city with the lowest tax burden.

Philadelphia, Newark, New York and Baltimore were some of the other cities with the highest tax burdens, the report said. Houston, Jacksonville, Fla., and Manchester, N.H., were among cities with the lowest tax burdens.

One of the biggest factors in how much a family can expect to pay is the state and local tax rates affecting their city, the report said. Certain kinds of taxes determine whether the families pay through the nose or barely at all. Personal income tax is one of the key factors.

Read more at Citybizlist

 



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