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1 Nicole Kaeding, State Individual Income Tax Rates and Brackets for 2016 1 (2016)

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Feb. 2016
No. 500

The Tax Foundation is a 501(c)(3)
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educate the public on tax policy.
Based in Washington, DC, our
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@2016 Tax Foundation
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Editor, Melodie Bowler
Designer, Dan Carvajal
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State Individual Income Tax Rates and

Brackets for 2016

By  Nicole Kaeding

Key   Findings

    Individual income taxes are a major source of state government revenue,
    accounting for 27 percent of state tax collections.

    Forty-three states levy individual income taxes. Forty-one tax wage and salary
    income, while two states-New   Hampshire  and Tennessee-exclusively   tax
    dividend and interest income. Seven states levy no income tax at all.

    Of those states taxing wages, eight have single-rate tax structures, with one rate
    applying to all taxable income. Conversely, 33 states levy graduated-rate income
    taxes, with the number of brackets varying widely by state.

    States' approaches to income taxes vary in other details as well. Some states
    double their single-bracket widths for married filers to avoid the marriage
    penalty. Some states index tax brackets, exemptions, and deductions for inflation;
    many  others do not. Some states tie their standard deductions and personal
    exemptions  to the federal tax code, while others set their own or offer none at all.

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