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Savvy Nomad April 20, 2026 55s

US States Raising Taxes in 2026? 💰 High Earners Beware #Shorts

Summary

Several U.S. states, including California, Virginia, Washington, and Colorado, are proposing or considering significant increases in income tax rates for high-earning residents, with some targeting top earners making over $600,000 annually. The tax hikes range from Colorado's proposed constitutional amendment potentially raising rates to 9.2% for those earning $10 million or more, to New York City's plan to increase its top income tax rate from 3.9% to 5.9%. For digital nomads and expats, these rising state-level tax rates present an opportunity to legally avoid increasingly burdensome tax obligations by living and working overseas.

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