The federal tax law had an unintended effect: raising the state - tax bite in nearly every state that has an income tax. (nystateofpolitics.com)
When you add in state and local income taxes in some jurisdictions, the income tax bite for high - income families can add up to nearly 50 %. (valuepenguin.com)
Among them are potentially big tax bites, constant anxiety about money, and the likelihood of making poor investment choices. (realtormag.realtor.org)