Most & Least Taxing States 2012

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

Photograph by Getty Images

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New Mexico

Income tax: 4.9%
State sales tax: 5.125%
Property tax per capita: $568
Inheritance tax: None
Estate tax: None

New Mexico may be a good place for tax-averse types to retire. It has some of the lowest property taxes in the country and no inheritance tax. It gets even better if you live to be 100: Centenarians are exempt from income tax.

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