Do Your Clients Live in a 'Fair' Tax State?
A new report from personal finance social network WalletHub claims to do just that with a ranking of the most and least fair state tax systems.
The rankings are certain to provoke disagreement. WalletHub conducted a nationwide survey to determine what Americans think a fair state and local tax system looks like. Using that assessment, analysts then ranked the states based on how closely their tax systems matched what the survey respondents considered to be fair. AccountingToday and Financial Planning Staff.
Click through to see which states Americans believe have the most fair tax systems or view a single page version here.
Photo: Bloomberg
1. Montana
2. Oregon
3. South Carolina
4. Delaware
5. Idaho
6. Virgina
7. Minnesota
8. California
9. Maryland
10. Vermont
These states have the 'least' fair tax systems:
42. Texas
43. Arizona
44. Mississippi
45. Indiana
46. Florida
47. Illinois
48. Arkansas
49. Hawaii
50. Washington
Photo: iStock