10 states with the highest tax burdens
The tax code is so complicated it can be difficult for the average person to understand how taxes will impact their finances. One helpful ratio is tax burden, which measures the proportion of total personal income that residents pay toward state and local taxes. While one's overall taxes owed fluctuates based on individual circumstances like income tax rates, it also varies across the U.S., with certain states having a much higher tax burden than others. WalletHub looked at three types of tax burdens – property taxes, individual income taxes and sales and excise taxes – as a share of personal income to find the 10 states with the biggest tax burdens in 2017.
Here are the 10 states that had the lowest tax burdens in 2017.