January 21, 2011 / 11:27 PM / in 7 years

Factbox: States with highest and lowest taxes

(Reuters) - More Americans are moving across state lines to take advantage of lower taxes. Here is a list of the states with highest and lowest taxes:

HIGHEST MAXIMUM MARGINAL STATE INCOME TAX RATES

Percent

Oregon 11.0

Hawaii 11.0

California 10.55

Iowa 8.98

New York 8.97

New Jersey 8.97

Vermont 8.95

D.C. 8.5

Maine 8.5

Source: CCH, Riverwoods, Illinois

STATES WITH NO PERSONAL INCOME TAXES

Alaska

Florida

Nevada

*New Hampshire

South Dakota

*Tennessee

Texas

Washington

Wyoming

*New Hampshire and Tennessee tax some investment income

Source: the Tax & Accounting business of Thomson Reuters,

RetirementLiving.com

Compiled and Edited by Greg McCune

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below