Taxing Issues Help You Decide Where to Live
By Stacey Creasy
PLYMOUTH � It is tax time, that final week before the April 15 deadline. There are millions of people who will rush to have their taxes done before the deadline.
CNN and Money Magazine have once again come out with the friendliest � and least-friendliest � tax places to live. The magazine has compiled the information to list state by state and rate the 51 big cities in the US.
Indiana ranks in the upper portion of the middle of the pack. Of the 50 states, the national average is 9.3 percent of personal income is taken for state and local taxes.
Indiana is tied as the 23rd least-friendliest state � with New Mexico and West Virginia � at 9.7 percent.
Ohio is the worst of the Midwestern states. Ohio ranks 11th in the nation, taking 10.3 percent of personal income for local and state taxes.
The remaining neighboring states are tax friendlier than Indiana. Illinois, Kentucky and Michigan are tied at 29th least friendliest, 9.4 percent.
The five least-friendliest tax areas: District of Columbia (12.9 percent); Maine (12.2): New York (12); Minnesota and Rhode Island (11).
The five friendliest states: Alaska (5.5); New Hampshire (6.6); Delaware (7.3), Tennessee (7.7) and Texas (8.3).
CNN and Money Magazine also rated the 51 biggest American cities. The only city listed in Indiana is Indianapolis which ranks 37th out of the 51 which means Indianapolis is the 15th tax-friendliest city.
The average for the cities is 9.3 percent of personal income. Indianapolis came in at 7.9 percent.
The least-friendliest cities: Bridgeport, Conn. (19.4); Newark, N.J. (15); Providence, R.I. (13.5); Philadelphia (13.1) and Des Moines, Iowa (13).
The tax-friendliest cities: Cheyenne, Wyo. (3.7); Anchorage, Alaska (4.4); Jacksonville, Fla. and Las Vegas (each at 4.8), and Sioux Falls, S.D. (5.2).
The tax rates are averages. Some pay more while others pay less personal income tax each year.
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