— Interactive Visual Tool Provides Easy State-By-State Tax Guide —
Washington, D.C. — Fact: Many taxpayers can save thousands of dollars per year just by moving to a different state. Kiplinger’s has released its ranking of the most and least tax-friendly states. The list was unveiled as part of Kiplinger’s third annual Tax Map—available at Kiplinger.com/links/taxmap — which offers an easy-to-use visual guide that compares income tax, sales tax, gas tax, “sin” tax (for products such as alcohol and tobacco) and other tax types, rules and exemptions across all 50 states.
“Over the next year, millions of Americans will move to a different state—for all sorts of reasons,” said Robert Long, Managing Editor of Kiplinger.com. “From young professionals moving across the country for a new job to working parents moving a state over to find a better home for their family, the Tax Map provides a valuable tool to people of all ages, backgrounds and career stages.”
Kiplinger’s 10 Most Tax-Friendly States:
Kiplinger’s 10 Least Tax-Friendly States:
Kiplinger’s Tax Map is a sister project to Kiplinger’s annual Retiree Tax Map — which presents each state’s income taxes on investment income, retirement-plan withdrawals and Social Security benefits, plus a rundown of sales taxes, property taxes and estate and inheritance taxes.