6 States That Tax the Daylights Out of the Rich
(WorldNews Business)

Let`s face facts: No one likes paying tax to Uncle Sam or their state. But we also know that federal, state, and local governments wouldn`t be able to operate without tax revenue. This battle between honoring your civic duty and paying your fair share of taxes, while also doing everything in your power to legally avoid paying tax, is something all Americans face to some degree. However, the importance of minimizing taxable liability is even more significant for the wealthy -- because they have a lot more to lose to taxation. Though the definition of who is and isn`t `rich` is completely debatable, statistics from the Internal Revenue Service for the 2016 tax year show that nearly 25.3...