Most & Least Taxing States 2012

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

Photograph by Jamie Rector/Bloomberg

Company Symbol % Change
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Income tax: 9.3%
State sales tax: 7.25%* (6.25%, plus 1% statewide local rate)
Property tax per capita: $1,449
Inheritance tax: None
Estate tax: None

Though California's sales tax declined by a percentage point on July 1, 2011, it remains among the country's highest. Gas taxes are the second-highest in the nation. Delinquent taxpayers beware: California collected more than $100 million by posting on its website the names of the largest tax debtors. The largest single income debt of $14.2 million is owed by CNet founder Halsey Minor; a debt of $607,860 is listed for actress Pamela Anderson.

*The Tax Foundation includes a "separate, uniform, 'local' add-on tax" in the state rate.