Most & Least Taxing States 2013

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

Photograph by Getty Images

Company Symbol % Change
29 of 54


Sales tax: 6.85%
Property tax per capita: $1,297

Nevada does not tax personal income and, along with a handful of other states, has no net corporate income tax. Its days as a tax haven may be numbered: The state’s Supreme Court recently upheld an initiative petition (a citizen-generated ballot question) to create a new state-level margin tax on business revenue to support education. (It will be on the 2014 ballot.) Nevada temporarily increased the sales tax, from 6.5 percent to 6.85 percent, in 2009 and lawmakers voted in June 2011 to extend the increase to 2013. In 2014, Nevada’s online shoppers will see a bump in their taxes when Amazon starts collecting sales tax.