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April 16, 2014 01:44 am GMT

Majority of States Tax Their Citizens at a Moderate Rate

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Taxes may be one of only two certain things in this world, but some of us may end up paying more than others depending on which state we live in.

A majority of states charge a moderate rate on income, sales and property taxes, according to data collected by Tax-Rates.org. Seven charge no income taxes, while four choose not to take anything out of sales. Every state collects a property tax, but the rates are fairly consistent — the lowest is found in Louisiana at 0.18%, and the highest is in New Jersey at 1.89%. Folks on the East and West coasts (plus those in Minnesota and Wisconsin) will get hit the hardest in income taxes, while rates are more spread out across the country when it comes to sales and property taxes. Read more...

More about Taxes, United States, Infographic, Citizens, and Us World

Original Link: http://feeds.mashable.com/~r/Mashable/~3/ILvnpivsJlY/

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