The Hall income tax is a Tennessee state tax on interest and dividend income from investments. It is the only tax on personal income in Tennessee, which does not levy a general state income tax. The current tax rate is 6 percent, applied to all taxable interest and dividend income over $1250 per person ($2500 for married couples filing jointly).
Hawaii earns the most in tax revenue out of any state in the Union. High-income Hawaiians shoulder the brunt of itâ11% for incomes over $200,000. Since the state has some of the countryâs highest earners, that amounts to significant outlays of cash. All told, the state collects $5,606.70 annually for every taxpayer.
The states whose residents pay the least in taxes are: 1  Alaska at 6.4% of income. 2  Nevada at 6.6% of income. 3  Wyoming at 7% of income. 4  Florida at 7.4% of income. 5  New Hampshire at 7.6% of income.