Tax Variance by State
Alaska, Hawaii, and Wyoming have low taxes. Oregon, New Hampshire, Montana, and Delaware have no sales tax. New York, California, New Jersey, Connecticut, and Hawaii have high taxes. Wyoming and South Dakota don’t impose income tax. North Carolina, North Dakota, Colorado, Arizona, Kentucky, Mississippi, South Carolina, and Utah have low rates.
The Burden of Taxes
9 of 10 least tax-friendly states are in the Midwest or New England. Lower tax states see more growth. Analysis shows taxes influence moving decisions.
State Tax Details
Alaska relies on oil and gas revenues, not on income or sales taxes. Personal income tax is ranked as the worst tax, followed by sales tax and corporate tax.
Tax rates and burdens vary greatly by state, with high burdens in the Northeast and lighter taxes in states like Alaska, Montana, and North Dakota. Income tax is just one part of the tax collection puzzle—amounts and types paid vary widely.
States Without Sales Tax
Alaska, Delaware, Montana, New Hampshire, and Oregon currently have no statewide sales tax, while 9 states have no income tax, which can translate to avoiding state taxes on income.
State Tax Ranking Chart
Burden as % of Income | Best to Worst Rank | Affordability Rank | Best States to Live In Rank |
---|---|---|---|
(Data not provided) | (Data not provided) | (Data not provided) | (Data not provided) |