Donald Trump has been in office for over 100 days now, and he has acted on many of the issues he publicly ruminated upon during the presidential campaign. One of the few that has yet to come to fruition is the abolishment of federal income tax. Trump has repeatedly asserted that he would like to discontinue the federal tax and replace that revenue with the money made via an “all-tariff policy.”
Check Out: Trump Wants To Eliminate Income Taxes — Here’s How Much Extra You’d Take Home If You Make $150K a Year
Also See: 6 Subtly Genius Moves All Wealthy People Make With Their Money
While a number of policy experts and economists have suggested that tariffs on imported goods simply won’t generate enough money to replace the approximately $2 trillion that income taxes generate annually, Trump continues to muse that he may end the federal income tax.
Are in you the upper class and curious how such a move would impact your income? GOBankingRates has calculated how much upper-class residents of each state would save per year with no federal income tax.
Alabama
Average income of top 20%: $219,518
Tax burden: 30.9%
Bi-weekly paycheck with federal taxes: $5,833
Bi-weekly paycheck with no federal taxes: $8,028
Learn More: Mark Cuban Says Trump’s Tariffs Will Affect This Class of People the Most
Find Out: Trump Wants To Replace Income Taxes With Tariffs — 2 Impacts on the Middle Class
Trending Now: Suze Orman’s Secret to a Wealthy Retirement–Have You Made This Money Move?
Alaska
Average income of top 20%: $270,877
Tax burden: 27.7%
Bi-weekly paycheck with federal taxes: $7,530
Bi-weekly paycheck with no federal taxes: $10,418
Also See: 4 Mistakes the Upper Middle Class Is Making With Money in the Trump Economy
Arizona
Average income of top 20%: $259,767
Tax burden: 29.7%
Bi-weekly paycheck with federal taxes: $7,027
Bi-weekly paycheck with no federal taxes: $9,755
Arkansas
Average income of top 20%: $212,270
Tax burden: 30.0%
Bi-weekly paycheck with federal taxes: $5,714
Bi-weekly paycheck with no federal taxes: $7,814
California
Average income of top 20%: $356,382
Tax burden: 38.3%
Bi-weekly paycheck with federal taxes: $8,463
Bi-weekly paycheck with no federal taxes: $12,579
Colorado
Average income of top 20%: $307,101
Tax burden: 33.1%
Bi-weekly paycheck with federal taxes: $7,908
Bi-weekly paycheck with no federal taxes: $11,317
Read More: Trump Wants To Eliminate Income Taxes — 10 States That Would Benefit the Least
Connecticut
Average income of top 20%: $358,875
Tax burden: 36.1%
Bi-weekly paycheck with federal taxes: $8,823
Bi-weekly paycheck with no federal taxes: $12,976
Delaware
Average income of top 20%: $266,218
Tax burden: 33.7%
Bi-weekly paycheck with federal taxes: $6,790
Bi-weekly paycheck with no federal taxes: $9,611
Florida
Average income of top 20%: $266,051
Tax burden: 27.5%
Bi-weekly paycheck with federal taxes: $7,414
Bi-weekly paycheck with no federal taxes: $10,233
Georgia
Average income of top 20%: $264,953
Tax burden: 32.8%
Bi-weekly paycheck with federal taxes: $6,853
Bi-weekly paycheck with no federal taxes: $9,656
Hawaii
Average income of top 20%: $310,254
Tax burden: 38.1%
Bi-weekly paycheck with federal taxes: $7,392
Bi-weekly paycheck with no federal taxes: $10,846
Discover More: If Trump Eliminates the Department of Education, Do You Still Have To Pay Your Student Loans?
Idaho
Average income of top 20%: $240,204
Tax burden: 32.1%
Bi-weekly paycheck with federal taxes: $6,277
Bi-weekly paycheck with no federal taxes: $8,745
Illinois
Average income of top 20%: $289,355
Tax burden: 33.3%
Bi-weekly paycheck with federal taxes: $7,425
Bi-weekly paycheck with no federal taxes: $10,578
Indiana
Average income of top 20%: $226,387
Tax burden: 29.3%
Bi-weekly paycheck with federal taxes: $6,156
Bi-weekly paycheck with no federal taxes: $8,442
Iowa
Average income of top 20%: $231,690
Tax burden: 32.0%
Bi-weekly paycheck with federal taxes: $6,059
Bi-weekly paycheck with no federal taxes: $8,415
Kansas
Average income of top 20%: $240,712
Tax burden: 32.2%
Bi-weekly paycheck with federal taxes: $6,281
Bi-weekly paycheck with no federal taxes: $8,756
Also Read: If You Rely on Social Security, Make These 4 Money Moves With Trump as President
Kentucky
Average income of top 20%: $219,022
Tax burden: 29.9%
Bi-weekly paycheck with federal taxes: $5,903
Bi-weekly paycheck with no federal taxes: $8,092
Louisiana
Average income of top 20%: $223,489
Tax burden: 30.1%
Bi-weekly paycheck with federal taxes: $6,005
Bi-weekly paycheck with no federal taxes: $8,253
Maine
Average income of top 20%: $237,505
Tax burden: 33.1%
Bi-weekly paycheck with federal taxes: $6,108
Bi-weekly paycheck with no federal taxes: $8,541
Maryland
Average income of top 20%: $327,400
Tax burden: 34.6%
Bi-weekly paycheck with federal taxes: $8,236
Bi-weekly paycheck with no federal taxes: $11,936
Massachusetts
Average income of top 20%: $364,076
Tax burden: 35.2%
Bi-weekly paycheck with federal taxes: $9,076
Bi-weekly paycheck with no federal taxes: $13,303
Explore More: Elon Musk Asks for Reason US Can’t Afford Healthcare — Mark Cuban Gives 7 (and a Solution)
Michigan
Average income of top 20%: $240,130
Tax burden: 31.0%
Bi-weekly paycheck with federal taxes: $6,376
Bi-weekly paycheck with no federal taxes: $8,843
Minnesota
Average income of top 20%: $282,691
Tax burden: 35.6%
Bi-weekly paycheck with federal taxes: $7,008
Bi-weekly paycheck with no federal taxes: $10,065
Mississippi
Average income of top 20%: $197,470
Tax burden: 29.9%
Bi-weekly paycheck with federal taxes: $5,328
Bi-weekly paycheck with no federal taxes: $7,260
Missouri
Average income of top 20%: $234,836
Tax burden: 31.0%
Bi-weekly paycheck with federal taxes: $6,235
Bi-weekly paycheck with no federal taxes: $8,632
Montana
Average income of top 20%: $237,041
Tax burden: 32.1%
Bi-weekly paycheck with federal taxes: $6,195
Bi-weekly paycheck with no federal taxes: $8,622
Find More: 40 States Where You’ll Feel the Biggest Social Security Increase This Year
Nebraska
Average income of top 20%: $247,090
Tax burden: 31.9%
Bi-weekly paycheck with federal taxes: $6,556
Bi-weekly paycheck with no federal taxes: $8,992
Nevada
Average income of top 20%: $258,414
Tax burden: 27.3%
Bi-weekly paycheck with federal taxes: $7,230
Bi-weekly paycheck with no federal taxes: $9,939
New Hampshire
Average income of top 20%: $297,363
Tax burden: 28.6%
Bi-weekly paycheck with federal taxes: $8,168
Bi-weekly paycheck with no federal taxes: $11,437
New Jersey
Average income of top 20%: $359,314
Tax burden: 35.9%
Bi-weekly paycheck with federal taxes: $8,863
Bi-weekly paycheck with no federal taxes: $13,021
New Mexico
Average income of top 20%: $216,944
Tax burden: 30.3%
Bi-weekly paycheck with federal taxes: $5,812
Bi-weekly paycheck with no federal taxes: $7,973
New York
Average income of top 20%: $342,150
Tax burden: 35.7%
Bi-weekly paycheck with federal taxes: $8,460
Bi-weekly paycheck with no federal taxes: $12,372
Good Question: Who Would Benefit the Most from Trump’s Social Security Tax Plan?
North Carolina
Average income of top 20%: $249,042
Tax burden: 31.3%
Bi-weekly paycheck with federal taxes: $6,584
Bi-weekly paycheck with no federal taxes: $9,170
North Dakota
Average income of top 20%: $246,410
Tax burden: 28.4%
Bi-weekly paycheck with federal taxes: $6,785
Bi-weekly paycheck with no federal taxes: $9,336
Ohio
Average income of top 20%: $237,659
Tax burden: 29.6%
Bi-weekly paycheck with federal taxes: $6,440
Bi-weekly paycheck with no federal taxes: $8,875
Oklahoma
Average income of top 20%: $219,134
Tax burden: 30.5%
Bi-weekly paycheck with federal taxes: $5,857
Bi-weekly paycheck with no federal taxes: $8,047
Oregon
Average income of top 20%: $269,437
Tax burden: 36.8%
Bi-weekly paycheck with federal taxes: $6,547
Bi-weekly paycheck with no federal taxes: $9,414
Trending Now: 4 Things To Watch For as Elon Musk Takes on Social Security
Pennsylvania
Average income of top 20%: $266,309
Tax burden: 30.6%
Bi-weekly paycheck with federal taxes: $7,106
Bi-weekly paycheck with no federal taxes: $9,928
Rhode Island
Average income of top 20%: $276,548
Tax burden: 32.6%
Bi-weekly paycheck with federal taxes: $7,168
Bi-weekly paycheck with no federal taxes: $10,137
South Carolina
Average income of top 20%: $237,160
Tax burden: 32.3%
Bi-weekly paycheck with federal taxes: $6,172
Bi-weekly paycheck with no federal taxes: $8,600
South Dakota
Average income of top 20%: $230,785
Tax burden: 26.4%
Bi-weekly paycheck with federal taxes: $6,532
Bi-weekly paycheck with no federal taxes: $8,876
Also Discover: What Salary Single People Need To Live Comfortably in 100 Major US Cities
Tennessee
Average income of top 20%: $238,504
Tax burden: 26.7%
Bi-weekly paycheck with federal taxes: $6,727
Bi-weekly paycheck with no federal taxes: $9,173
Texas
Average income of top 20%: $272,904
Tax burden: 27.8%
Bi-weekly paycheck with federal taxes: $7,579
Bi-weekly paycheck with no federal taxes: $10,496
Utah
Average income of top 20%: $276,288
Tax burden: 32.6%
Bi-weekly paycheck with federal taxes: $7,168
Bi-weekly paycheck with no federal taxes: $10,134
Vermont
Average income of top 20%: $252,655
Tax burden: 33.5%
Bi-weekly paycheck with federal taxes: $6,459
Bi-weekly paycheck with no federal taxes: $9,091
Find More: Here’s the Minimum Salary Required To Be Considered Upper-Middle Class in 2025
Virginia
Average income of top 20%: $316,724
Tax burden: 34.6%
Bi-weekly paycheck with federal taxes: $7,962
Bi-weekly paycheck with no federal taxes: $11,509
Washington
Average income of top 20%: $325,947
Tax burden: 29.3%
Bi-weekly paycheck with federal taxes: $8,857
Bi-weekly paycheck with no federal taxes: $12,536
West Virginia
Average income of top 20%: $197,286
Tax burden: 30.1%
Bi-weekly paycheck with federal taxes: $5,303
Bi-weekly paycheck with no federal taxes: $7,234
Wisconsin
Average income of top 20%: $238,669
Tax burden: 31.5%
Bi-weekly paycheck with federal taxes: $6,287
Bi-weekly paycheck with no federal taxes: $8,735
Wyoming
Average income of top 20%: $235,402
Tax burden: 26.6%
Bi-weekly paycheck with federal taxes: $6,649
Bi-weekly paycheck with no federal taxes: $9,054
More From GOBankingRates
6 Used Luxury SUVs That Are a Good Investment for Retirees
How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too
7 Overpriced Grocery Items Frugal People Should Quit Buying in 2025
4 Low-Risk Ways To Build Your Savings in 2025
This article originally appeared on GOBankingRates.com: How Much More Would Upper-Class Earners Make in Each State If Trump Dropped Federal Income Tax?
