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The Dirty Dozen: 12 States That Bet Big on Sin

By Nikhil Hutheesing - 2013-06-26T17:36:00Z

Photograph by Heeb Photos/eStock

Company Symbol % Change
11 of 14

South Dakota

Sin Taxes, Percentage of Revenue: 5%
Total Sin Tax Revenue (2012): $76 million

South Dakotans can’t complain too much -- there is no personal income tax in the state. That’s one reason sin tax revenue, which has grown 124.9 percent over the past 10 years, is so important. South Dakota also has a reliable source of revenue from gambling, which generated $107.3 million in 2012, according to the South Dakota Commission on Gaming. (Tax revenue from gambling wasn't included in this ranking -- see note above.) Other major revenue generators are property taxes, a franchise tax on financial institutions and a contractors’ excise tax on construction for private and public use, which is often paid by counties, cities, schools, hospitals and churche