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According to recent discussions, New Jersey tops the list as the state with the highest property tax burden, while Alabama ranks as the state with the lowest. Nationally, the average amount paid in property taxes is approximately $2,969, a significant expense for homeowners. This ongoing debate isn't limited to property taxes; it extends to federal income taxes as well. Commerce Secretary Howard Lutnick has suggested that former President Donald Trump is considering eliminating federal income taxes for individuals earning less than $150,000 annually, a move that would benefit a vast majority—about 93%—of American taxpayers.