The 10 US Cities with the Greatest Tax Burdens

in taxes •  2 years ago 

Chicago’s combined taxpayer burden per resident is off the charts.

Source: The 10 US Cities with the Greatest Tax Burdens - Foundation for Economic Education

It surprised me a little that Chicago beat out cities like New York and various cities in California. At nearly $120,000 per person, Chicago's tax burden is insane, especially given that the mean salary is in the $85,000 range and the average salary is about $63,000 (according to payscale.com). No doubt a lot of very rich people are shouldering a lot of this but this still seems unsustainable in the long run. Much of this taxation includes special sales taxes on everything from soda to PlayStations to plastic bags and a variety of other things. It's not just rich people paying.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!