From NJ Patch:
Garden State residents will fork over close to $1 million in taxes over a lifetime on average, the most of any U.S. state, according to a report released by Self Financial.
New Jerseyans pay an average $987,117 in lifetime taxes, or about 54.3 percent of their lifetime earnings, according to the study conducted by researchers at the Texas-based financial technology company. This includes an average $334,260 tax on earnings, $54,961 on personal expenses, $564,614 on property and $33,282 on cars.
The Garden State tops the list of states where residents pay the highest lifetime taxes on average, with D.C. and Connecticut trailing behind at $884,820 and $855,307, respectively. . . .
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