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Most & Least Taxing States: 2014

By Rebecca Helmes of Bloomberg BNA - 2014-04-14T23:05:22Z

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Delaware’s top individual income tax rate was scheduled to decrease in 2014, but state officials decided to keep the rate at 6.6 percent to plug a budget shortfall. For 2012, the state had the seventh-highest individual income tax collections per person, at $1,307. It also ranks as one of the highest per capita collectors of corporate income tax, placing fifth at $288 per person.

*Exemption is $5.34 million. 

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