Most & Least Taxing States 2012

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

Photograph by Bloomberg

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Missouri

Income tax: 6%
State sales tax: 4.225%
Property tax per capita: $924
Inheritance tax: None
Estate tax: None

Missouri may be a bit backward when it comes to taxes that encourage healthy living. The state has the country's lowest cigarette taxes, at 17 cents per pack (though there's been talk of raising that tax), and in 2009 it started to levy a 4 percent tax on yoga classes. Missouri is still struggling to pay for flooding and the damage from a tornado that hit Joplin in May 2011. The state may end up dipping into its rainy-day fund.

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