Wednesday, October 2, 2019

The Least Tax Friendly States

Via Market Watch

Kiplinger’s has released its list of the most — and least — tax-friendly states in America. To determine this, it used a hypothetical couple with two kids and $150,000 in income a year plus $10,000 in dividend income, and then looked at their income, property and sales tax burden.

The results:

The 10 least tax-friendly states:
1. Illinois
2. Connecticut
3. New York
4. Wisconsin
5. New Jersey
6. Nebraska
7. Pennsylvania
8. Ohio
9. Iowa
10. Kansas

The 10 most tax-friendly states:
1. Wyoming
2. Nevada
3. Tennessee
4. Florida
5. Alaska
6. Washington
7. South Dakota
8. North Dakota
9. Arizona
10. New Hampshire



  1. Is there one of these lists that shows ease of doing business by state? I'm too lazy too look for it.

  2. Amazing to see that CA is noted as "tax-friendly."

    1. It's not. They made MAJOR miscalcuations which I've detailed to them in a comment. We'll see if the JOURNAL has the courage to post it (it's currently in review).

  3. Note that the example is unusual because it reflect the relatively well-off KIplinger audience -- better to test a family w/ $75,000 of income, none of which comes from dividends.