5 States with the Highest Tax Revenue Per Capita

4. Minnesota

Total Tax Collection in 2021: $32.03 billion

Total Population: 5,707,769

Tax Revenue Per Capita: $5,612

Minnesota’s income tax rate ranges from 5.35% to the highest rate of 9.85% on an annual taxable income of $171,220 for individual filers and $284,410 for joint filers. Interestingly, social security benefits are taxed in Minnesota. However, income from a military retirement plan is exempted from all state taxes. The state charges a sales tax of 6.875% that can be increased by a limit of 2% by counties. Minnesota exempts groceries, clothing, motor vehicles, and prescription drugs from the sales tax. The state charges a motor vehicle fuel tax of 30.6 cents per gallon.