Earlier, we let you in on a little secret about getting your taxes done without ever leaving your apartment. Taxhub.
That being said, you probably won't be surprised to hear that the taxes in New York State are high, but did you know they're the highest in the country?
According to the New York Daily News, a study out on Wednesday by the Tax Foundation revealed that New York State taxes its residents higher than any of the other 49 states.
In the state of New York, 12.7% of income is designated to state and local taxes.
Guess what? Us semi-socialists over here in New York have topped the Foundation's list of "state with the highest taxes" every year since 2005. We guess Ted Cruz was right when he said we were super liberal.
Some people aren't so thrilled about New York's insistence on charging its citizens more than any other state in taxes, year after year.
"This study is just one more piece of evidence that until lawmakers create sound fiscal policies and legislation, our state will continue to suffer and drown in both state and municipal taxes," said Mike Durant, state director for the National Federation of Independent Business.
A Cuomo spokesperson, Richard Azzopardi, said the Foundation made this year's report using data from 2012, before Governor Cuomo pushed several tax reforms.
"Governor Cuomo instituted reforms that led to the lowest middle class rates in more than 60 years, the lowest manufacturing tax rate since 1917, the lowest corporate tax rate since 1968, a property tax cap, freeze and cut, and - as proposed this year - lower taxes for more than 1 million small businesses," Azzopardi said.
Did the Foundation use data from 2012 to compile the report? We don't know. It's sort of a he-said, she-said situation, but we kind of like Cuomo, so we'll give him the benefit of the doubt on this one. Even if he's already behind on the Penn Station renovations.
"Due to the age of the data in this report, much of this progress is not reflected," Azzopardi said.Hey Azzopardi, don't worry. We don't mind the high taxes, but we'd really prefer if the government would give us more free pizza with all the money we're giving you.
Also, if you don't feel like stressing about your taxes, check out TaxHub. It's an inexpensive, hassle-free way to meet with a CPA about your taxes. Since, you know, you get to video chat with them, you can do your taxes right from the comfort of your own bed.
Check out 2015 Was the Hottest Year in Earth's History.[via New York Daily News] [Feature Image Courtesy TaxFoundation.org]