Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Financial Planning > Tax Planning

12 States With Lowest Taxes in America

Michael S. Fischer By Michael S. Fischer

X
Your article was successfully shared with the contacts you provided.

Related: 12 States With the Lowest Taxes in America

WalletHub, the personal finance website, sought to find out how aggressively states tax their citizens by measuring the proportion of total personal income that residents pay toward state and local taxes to arrive at an overall tax burden for each state.

Researchers compared the 50 states across the three tax types of state tax burdens — property taxes, individual income taxes, and sales and excise taxes — as a share of total personal income in the state.

WalletHub released the results Wednesday along with a list of facts about this year’s tax landscape.

See the gallery for the 12 states with the smallest tax burdens.

Michael S. Fischer

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.