With Tax Day delayed to July 15 due to the coronavirus pandemic, the personal-finance website WalletHub last week compiled its annual Tax Burden by State report, comparing the 50 states based on the property taxes, individual income taxes, and sales and excise taxes - as a share of total personal income.
The lowest tax states are and the total state tax burden as a share of income are:
1. Alaska, 5.16%
2. Delaware, 5.52%
3. Tennessee, 6.18%
4. Wyoming, 6.47%
5. Florida, 6.82%
6. New Hampshire, 6.85%
7. Oklahoma, 6.94%
8. Montana, 7.22%
9. Alabama, 7.36%
10. South Carolina, 7.48%
Source: WalletHub