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.
Here's a listing of each state's highest income tax rate and how much income you'll have to make to pay that rate. 1  Alabama: 5% on income over $3,000. 2  Alaska: No income tax. 3  Arizona: 4.54% on income over $150,000. 4  Arkansas: 7% on income over $32,600.  California:10.55% on income over $1 million.