Business Insider· 1h ago· 1 min read
<figure><img src="https://i.insider.com/6a692a8ece52cb26b8394f46?format=jpeg" height="3903" width="5204" alt="Orlando, Florida"><figcaption>Florida ranked second-highest in the SmartAsset study.<p class="copyright">Kruck20/Getty Images</p></figcaption></figure><ul class="summary-list"><li>Tax proposals in New York and California aim to increase taxes on the wealthiest residents.</li><li>A SmartAsset study calculated how much of each state's federal income taxes was paid by the top 1%.</li><li>The top 1% of earners make 19% of incomes in the US but pay 37% of all federal income taxes.</li></ul><p>Tax proposals targeting <a target="" class="" href="https://www.businessinsider.com/ceos-companies-moving-to-miami">wealthy residents</a> have renewed debate in states including <a target="" class=""…
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