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Most & Least Taxing States 2012

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

Photograph by Joshua Lott/Bloomberg News

Company Symbol % Change
4 of 53


Income tax: 4.54%
State sales tax: 6.6%
Property tax per capita: $1,043
Inheritance tax: None
Estate tax: None

The tax burden in Arizona is small compared with that of other states because of its lower-than-average property taxes, so the decline in home prices has hit Arizona's municipalities harder than those in many other states. A bid to close state and local budget gaps by forcing Amazon and other retailers to collect sales tax ended in the state Senate after lawmakers worried that the online retailer would respond by pulling its distribution center from the state. Arizona ranks second in combined state and local sales taxes, at 9.12 percent.