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Study: LI residents pay more federal taxes than those making same money elsewhere in the US

The report shows that Long Islanders are paying

The report shows that Long Islanders are paying more federal taxes than those making comparable income in lower cost areas of the country. (March 19, 2014 6:29 PM)

A recently released report examines just how overtaxed Long Island residents are due to the higher cost of living as opposed to other parts of the country.

The study, dubbed “A Tale of Three Cities," found that the cost of living on Long Island is higher than in other parts of the country, yet all federal taxes are the same.

The study focused on three middle-class families from across...

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