Posted on November 5, 2008 by Greg Herman-Giddens

NC Has 11th Highest Income Tax Rate in U.S.

Our top rate is now 7.75%, just slightly under Idaho's top rate of 7.8%.  Even New York has a lower top rate.  Before our top rate of 8.25% expired, we were tied for 9th place with Hawaii.

The top 10 States (including Washington D.C.):

  1. CA - 10.3%
  2. RI - 9.9%
  3. VT - 9.5%
  4. OR - 9.0%
  5. IA - 8.98%
  6. NJ - 8.97%
  7. ME - 8.5%
  8. DC - 8.5%
  9. HI - 8.25%
  10.  ID - 7.8%

As for our lowest rate of 6% - we are the highest in the United States!  That's right - number one.  No State has a higher lowest income tax rate than North Carolina.

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