Which states’ residents are most impacted by Obama’s plan to raise taxes on the rich?

This may be common knowledge, but it was a surprise to me …

Based on the 2009 census data (latest available), just under 4% of U.S. households have income greater than $200,000.

Below are the 20 states with the highest proportion of households with incomes greater than $200,000 … led by DC, Connecticut, New Jersey and Maryland (a suburb of DC).

The interesting part:

15 of the states (or 16 depending on how you count Colorado) are Blue- Democratic states

… only 3 are Red-Republican states

… 2 are Purple-Swing states.

Hmmm.

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One Response to “Which states’ residents are most impacted by Obama’s plan to raise taxes on the rich?”

  1. Jack Clark's avatar Jack Clark Says:

    Ken, Only 25 households in D.C. (I’m thinking Georgetown) have income greater than $200k? Feels low. Then I look at Georgia with 119 (there are thousands of houses greater than $1.0M) in the northern suburbs of Atlanta. Am I reading the chart right or is there something in the data I am misunderstanding? Keep up the good work – I always look forward to read this. Jack

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