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Most & Least Taxing States: 2014

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


Company Symbol % Change
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Maine recognizes same-sex marriage, so any married couple there can file a joint state tax return. The state’s cigarette excise tax is $2 per 20-pack, making it the 11th-highest cigarette excise tax in the country. Maine imposes a 5.5 percent state sales tax on medical marijuana, but the 7 percent tax rate on prepared food applies if the herb is baked into brownies.

*Exemption is $2 million.