Taxing Long Island: New York state has second highest overall tax burden in the country
More than 13.5% of your overall personal income is paid out in state and local taxes.
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The high cost of living is one of the major challenges for Long Islanders.
A recent report by WalletHub shows the reality in black and white.
New York has the second highest overall tax burden in the country. More than 13.5% of your overall personal income is paid out in state and local taxes.
The Empire State also leads the nation in individual income tax burden -- to the tune of 5.76%.
Our home state also ranks fourth in the country in property tax burden.
