"Comparing Lifetime Tax Burdens Across US States"
A new study reveals that the average American pays $524,625 in lifetime taxes, with New Jersey residents facing the highest lifetime tax burden of $987,117, followed by Washington, D.C., Connecticut, and Massachusetts. The lowest-tax state is West Virginia at $358,407. The COVID-19 pandemic has led to a significant migration from high-tax to low-tax states, with Americans considering factors such as income tax, property tax, and cost of living. While low-tax states may lack certain perks, high-tax states often offer better-paying jobs and investment in areas like education and healthcare.