According to the study by the Business Council of New York's Public Policy Institute, per-capita state and local taxes in New York led the nation in 2005.
It comes out to a whopping $5,770 for every man, woman and child - 36 percent more than the U.S. average, and 7 percent ahead of the next-most-taxed state, Connecticut.
Indeed, Tax Freedom Day - a concept crafted by the Tax Foundation - is itself a measure of New York's pain.
The date shows how late into the year the average person must work to satisfy the Tax Man, and it varies from state to state. This year, New York has the second-latest date in the nation - May 16.
Feeling proud yet? Neither are we.
Wednesday, May 16, 2007
Feel The Pride
Once again, New Yorkers can proudly say "We're number one!"