Top 5 States by Tax Revenue to GDP Ratio in the US

In this article, we will look at the top 5 states by tax revenue to GDP ratio in the US. You can read our detailed discussion and a more comprehensive list by visiting the Top 20 States by Tax Revenue to GDP Ratio in the US.

5. West Virginia

Total Tax Revenue (2023): $7.64 Billion

GDP (2023): $99.51 Billion

Tax-to-GDP Ratio (2023): 7.67

With a tax-to-GDP ratio of 7.67, West Virginia ranks fifth among the states by tax revenue to GDP ratio in the US. West Virginia has a graduated state individual income tax, with rates ranging from 2.36% to 6.50%, and has a 6.5% corporate income tax rate. West Virginia has a state sales tax of 6% and a local state sales tax of 0.57%.