Who Pays the Most Taxes in Pennsylvania?

In Pennsylvania, a small group of high earners is shouldering a big part of the tax load. The top 1% of earners in the state, about 58, 541 households, bring in a lot of money. On average, each of these households makes over $1. 7 million a year. Together, they earn 18. 42% of the state's total income. These wealthy households also pay a large chunk of the state's personal income taxes. They cover 35. 09% of all personal income taxes collected in Pennsylvania. That's over $26. 1 billion in taxes paid by this group alone. This situation is not unique to Pennsylvania. Across the U. S. , the top 1% of earners take in about 19. 5% of all income and pay 37% of total income taxes. However, some states have even higher concentrations of tax payments from the wealthiest. For example, in Wyoming, the top 1% pays more than half of all income taxes. Florida and Nevada also see their top earners paying over 50% of the state's income taxes. Pennsylvania ranks 30th in the U. S. for the percentage of income taxes paid by the top 1%, with Wyoming leading the pack at 54. 67%. This data raises questions about tax fairness and the burden on high earners. While the top 1% pays a significant portion of taxes, they also earn a large share of the income. This dynamic is crucial for understanding how tax policies impact different groups.