nnuut
03-21-2014, 09:49 PM
New York and California Suck For Taxpayers, and For Freedom (http://reason.com/blog/2014/03/18/new-york-and-california-suck-for-taxpaye)
J.D. Tuccille (http://reason.com/people/jd-tuccille/all)|Mar. 18, 2014 12:48 pm
New York and California are the worst and second worst states in terms of tax burden, in what is less than shocking news from the financial website, WalletHub. The ranking tallies annual state and local taxes, and puts the Golden State and the Empire State at the bottom of the heap, with Wyoming and Alaska at the top as the two least burdensome states for taxpapers in a listing that also includes the District of Columbia (number 37, if you're curious). In and of itself, the ranking is helpful—but it's also helpful to cross-reference the tax ranking with separate rankings of economic liberty and overall freedom to see how they correlate. The result is a handy guide to places to live—or avoid like the plague.
For its tax rankings (http://wallethub.com/edu/best-worst-states-to-be-a-taxpayer/2416/), WalletHub compared: real estate tax, state income tax, local income tax, vehicle property tax, vehicle sales tax, sales and use tax, fuel tax, alcohol tax, food tax, and telecom tax.
The five top-ranked states (least burdensome) are:
J.D. Tuccille (http://reason.com/people/jd-tuccille/all)|Mar. 18, 2014 12:48 pm
New York and California are the worst and second worst states in terms of tax burden, in what is less than shocking news from the financial website, WalletHub. The ranking tallies annual state and local taxes, and puts the Golden State and the Empire State at the bottom of the heap, with Wyoming and Alaska at the top as the two least burdensome states for taxpapers in a listing that also includes the District of Columbia (number 37, if you're curious). In and of itself, the ranking is helpful—but it's also helpful to cross-reference the tax ranking with separate rankings of economic liberty and overall freedom to see how they correlate. The result is a handy guide to places to live—or avoid like the plague.
For its tax rankings (http://wallethub.com/edu/best-worst-states-to-be-a-taxpayer/2416/), WalletHub compared: real estate tax, state income tax, local income tax, vehicle property tax, vehicle sales tax, sales and use tax, fuel tax, alcohol tax, food tax, and telecom tax.
The five top-ranked states (least burdensome) are: