Syntagma Digital
Moneyizor
Money Finesse

Is Your State Tax-Friendly?

If you’ve prepared your state tax return and are bemoaning the chunk of your money that belongs to “them”, maybe it’s time to consider a move.

Calculator

An annual report published by the Tax Foundation ranks states by the tax burden on their residents. Alaska has the lowest tax burden, taking only a 6.6% nibble of its residents’ incomes through state, local and property taxes. The least tax-friendly state is Vermont. Vermont takes the largest bite of resident’s incomes, collecting a whopping 14.1% through state and local taxes.

Check out where your state ranks on the list.

Leave a Reply