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Most & Least Taxing States 2013

By Rebecca Helmes of Bloomberg BNA - 2013-04-19T17:41:14Z

Photograph by Getty Images

Company Symbol % Change
25 of 54


Top income tax rate: 5%
Sales tax: 7%
Property tax per capita: $853

Savers will be gratified to know that Mississippi exempts all retirement income from tax. Seniors also get a bonus property tax exemption when they reach age 65. Those who haven’t yet reached retirement age can take a state income tax deduction for money they contribute to certain retirement plans.