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Highest #5: Maryland


Income tax: 5.5%
Sales tax: 6%
Property tax per capita: $1,171

Maryland residents pay high sales taxes. In 2010, income tax brought in $6.2 billion,
compared with $3.8 billion in sales tax.

Highest #4: Massachusetts
Income tax: 5.3% (flat tax rate)
Sales tax: 6.25%
Property tax per capita: $1,789
Inheritance tax: Estate taxes range from 0.8% to 16%
With a $2 billion increase in tax revenue due to the economy, the tax rate will likely go
from 5.3% to 5.25% in Massachusetts.

Highest #3: New York
Income tax: 7.85% (8.97% on income over $500,001)
Sales tax: 4%
Property tax per capita: $2,009

The high taxes paid by New Yorkers aren't helping to reverse their economic
downfall.



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Lowest #5: Alaska
Income tax: None
Sales tax: None
Property tax per capita: $1,559

Alaska gets significant income from corporate taxes, mostly from the oil-and-gas
industry.

Lowest #4: Alabama
Income tax: 5%
Sales tax: 4%
Property tax per capita: $495
Alabama has the lowest state and local property tax collections per person.


Lowest #3: Tennessee
Income tax: None
Sales tax: 7%
Property tax per capita: $752

Tennessee does not tax income.









Highest #2: New Jersey
Income tax: 6.37%
Sales tax: 7%
Property tax per capita: $2,625
New Jersey is cited by the Tax Foundation as having the country's highest property
tax per capita.

Highest #1: Connecticut
Income tax: 5%
Sales tax: 6.35%
Property tax per capita: $2,381
Inheritance tax: 7.2% to 16%
A sales tax increase took effect in July, raising the rate from 6% to 6.35%.











Lowest #2: South Carolina
Income tax: 7%
Sales tax: 6%
Property tax per capita: $963
If you are looking to get married, the state has a $50 tax credit for counseling.


Lowest #1: Mississippi
Income tax: 5%
Sales tax: 7%
Property tax per capita: $785
Mississippi is one of four states to allow citizens to contribute to retirement accounts
without paying state income tax on the money.

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