Friday, August 13, 2004
CNN/Money have ranked the 50 states by their respective state and local tax burdens (as a percentage of per capita income), based on data from the Tax Foundation.
The 5 highest tax states:
• New York 12.9%
• District of Columbia 12.8%
• Maine 12.3%
• Ohio 11.3%
• Hawaii 11.3%
The 5 lowest tax states:
• Texas 8.7%
• Tennessee 8.5%
• Delaware 8.2%
• New Hampshire 7.5%
• Alaska 6.3%
For the accompanying story, see here. For a ranking of the tax bite in 51 big cities, see here.
