As many states fight to stay solvent, they are turning the taxpayers to bail them out. With state and local municipalities broke,?states are searching for additional revenues in the form of higher taxes.
Connecticut and New Jersey lead the way with the highest tax burden in the United States
The?Tax Foundation?has deemed?Connecticut and New Jersey as the states with the highest tax burden in the U.S.?New York, Massachusetts and Maryland round out the top five.?The results are calculated by combining state and local taxes paid by residents, then dividing those taxes by their personal income.
As more and more residents of these states feel the pinch of extra taxes, now is the best time to maximize your tax write-offs with a car or RV donation.
Turn your unwanted car into a charitable tax donation
By donating your car to the Prostate Cancer Awareness Project, you?ll not only help combat prostate cancer, you?ll also get a tax write-off that may save you money on income taxes. It?s a hassle-free way to get rid of your car?and an excellent way to earn a valuable tax deduction.
Best yet, your automobile donation is fast and easy. It costs you absolutely nothing and we?ll gladly pick up your car promptly. Do you have a motorcycle, RV, motorhome or boat? We?ll be happy to accept those, too.
Every donation helps our charity spread the word on prostate cancer?and ultimately, help save lives. So turn your old-car headaches into something positive?a valuable tax deduction for you, and a proactive donation that can make a difference in the lives of millions.
Learn more about the tax benefits of donating your car in?Connecticut,?New Jersey,?New York,?Massachusetts or?Maryland.
This entry was posted in Donation Tax Updates, General News. Bookmark the permalink.Source: http://www.carsforprostatecancer.org/highest-taxed-states-in-the-united-states/
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