The 10 Best States For Taxes

The 10 Best States For Taxes

South Dakota

State sales tax: 4 percent

State income tax: 0 percent

Per capita property tax: $1,142

Like Wyoming, South Dakota has no individual or corporate income taxes and a low individual sales tax rate, but its sales tax on business purchases keeps it out of the top spot. The state is also among only 12 that levy taxes on intangible personal property, such as stocks and bonds.

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