Top tax rates under biden tax plan, Democratic presidential nominee Joe Biden’s tax plan would yield combined top marginal state and local rates in excess of 60 percent in three states: California (62.64 percent), Hawaii (60.34 percent), and New Jersey (60.09 percent). Marginal rates would also exceed 60 percent in New York City (62.03 percent).

Details and Analysis of President-elect Joe Biden’s Tax Plan

What are the details of Joe Biden’s tax plan? How would it affect the economy, revenue, and taxpayers?

Tax Foundation