What are the income tax rates in New York State?

In New York State, the income tax rates are determined by a progressive tax system, which means that the tax rate increases as the income level rises. As of 2021, the income tax rates for individuals range from 4% to 8.82%. The tax brackets are divided as follows: for incomes up to $17,150, the tax rate is 4%; for incomes between $17,150 and $43,000, the tax rate is 4.5%; for incomes between $43,000 and $161,550, the tax rate is 5.25%; for incomes between $161,550 and $323,200, the tax rate is 5.9%; for incomes between $323,200 and $2,155,350, the tax rate is 6.33%; and for incomes above $2,155,350, the tax rate is 8.82%. It's important to note that these rates are subject to change by the state legislature.