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Most & Least Taxing States 2013

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

Photograph by Scott Dunn/Getty Images

Company Symbol % Change
9 of 54


Top income tax rate: 6.75%
Property tax per capita: $742
Estate tax: 0.8% to 16% with $5.25 million exemption

In 2011, the top income tax rate was lowered to 6.75 percent for 2012. It was scheduled to drop to 5.95 percent for the 2014 tax year. In late March, state officials canceled the deeper cut and planned instead to impose a top rate of 6.6 percent in 2014 to plug a budget shortfall.

If you suspect you're owed funds from an unused gift card, check with Delaware. Unclaimed property laws require corporations to turn over forgotten funds to their state of incorporation when the owner's address can't be found. Because so many firms incorporate in Delaware, it's entitled to hold on to a substantial sum of lost funds, which has helped it balance its budget over the years.