Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Most & Least Taxing States 2012

By Bloomberg BNA - 2012-04-13T16:45:59Z

Photograph by Getty Images

Company Symbol % Change
17 of 53

Kansas

Income tax: 6.45%
State sales tax: 6.3%
Property tax per capita: $1,323
Inheritance tax: None
Estate tax: None

Kansas Governor Sam Brownback is working to abolish or limit the state's income tax. Kansas is one of 13 states that tax Social Security income; an exemption applies to Social Security income received by taxpayers with annual federal adjusted gross income of $75,000 or less. In July 2010, the state's sales tax rose from 5.3 percent to 6.3 percent, a rate expected to decline to 5.7 percent in July 2013. Kansas does not provide a sales tax break for groceries.

Advertisement