Colorado residents pay 8.8% of their income in state, local taxation

Taxpayers in Colorado turn over 8.8 percent of their income per capita to state and local governments, the 33rd highest percentage among the 50 states, according to an analysis by the website 24/7 Wall St.

State residents pay $1,209 per capita annually in income tax collections, $1,542 in property taxes and $1,339 in general sales tax collections, 24/7 Wall St. reported.

Nationwide, the portion of Americans’ income turned over to pay state and local taxes averaged 9.8 percent, or just over $5,000 a year, the analysis found. Federal taxes were not included in the study.

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