The overall tax system in Delaware was dubbed “tax-friendly” in a recently released 50-state tax guide published by the Kiplinger business forecasting website.
Nine other states were also placed in this category.
Kiplinger gauged the tax burden in each state based on taxes that would be paid by a married couple with combined incomes of $150,000. Under Kiplinger’s scenario, the couple, who have two children, also receive $10,000 in dividend income and are paying a mortgage on a $400,000 house.
Delaware has an average sales tax of 0 percent, an income tax of 2.2 to 6.6 percent, a gas tax per gallon of 23 cents and a median property tax of $604 per $100,000 of assessed tax valuation, according to the analysis.
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Kiplinger State-by-State Guide on Taxation
State | Kiplinger Tax Rating |
Alabama | Tax-Friendly |
Alaska | Most Tax-Friendly |
Arizona | Most Tax-Friendly |
Arkansas | Not Tax-Friendly |
California | Tax-Friendly |
Colorado | Tax-Friendly |
Connecticut | Least Tax-Friendly |
Delaware | Tax-Friendly |
Florida | Most Tax-Friendly |
Georgia | Mixed |
Hawaii | Mixed |
Idaho | Mixed |
Illinois | Least Tax-Friendly |
Indiana | Mixed |
Iowa | Least Tax-Friendly |
Kansas | Least Tax-Friendly |
Kentucky | Not Tax-Friendly |
Louisiana | Tax-Friendly |
Maine | Not Tax-Friendly |
Maryland | Not Tax-Friendly |
Massachusetts | Not Tax-Friendly |
Michigan | Not Tax-Friendly |
Minnesota | Not Tax-Friendly |
Mississippi | Tax-Friendly |
Missouri | Mixed |
Montana | Tax-Friendly |
Nebraska | Least Tax-Friendly |
Nevada | Most Tax-Friendly |
New Hampshire | Most Tax-Friendly |
New Jersey | Least Tax-Friendly |
New Mexico | Tax-Friendly |
New York | Least Tax-Friendly |
North Carolina | Mixed |
North Dakota | Most Tax-Friendly |
Ohio | Least Tax-Friendly |
Oklahoma | Mixed |
Oregon | Not Tax-Friendly |
Pennsylvania | Least Tax-Friendly |
Rhode Island | Not Tax-Friendly |
South Carolina | Mixed |
South Dakota | Most Tax-Friendly |
Tennessee | Most Tax-Friendly |
Texas | Tax-Friendly |
Utah | Mixed |
Vermont | Not Tax-Friendly |
Virginia | Tax-Friendly |
Washington | Most Tax-Friendly |
West Virginia | Mixed |
Wisconsin | Least Tax-Friendly |
Wyoming | Most Tax-Friendly |
ORGANIZATIONS IN THIS STORY
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