Nevada
Most and least friendly states for taxesPosted by RJ and Makay on Apr 04, 2012 |
>> Read More RJ & Makay Blog Posts
There is a lot to consider when judging the best and worst states for taxes, and for individuals it becomes a matter of what is applicable to their own specific circumstances. The main considerations are taxes on income, property and consumption. In other words, the total tax burden. Some states are similar in these regards and some vary widely. A closer look at the particulars reveals the differences.
New government data from the U.S. Commerce Department’s Bureau of Economic Analysis sheds light on the economic success of some states and the poor performance of others. Research data shows, on a year-over-year basis, that North Dakota, Texas and Iowa saw the largest gains in second quarter 2011 income. On a quarterly basis, Nebraska enjoyed the biggest gain.
