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Finance

Do Your Clients Live in a 'Fair' Tax State?

By Accounting Today and Financial Planning
Published September 17, 2014, 11:18 a.m. EDT
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Updated April 20, 2016, 2:45 p.m. EDT
1 Min Read

How fair are the tax systems in the states your clients live? That, of course, depends on how you define "fair."

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A new report from personal finance social network WalletHub claims to do just that with a ranking of the most and least fair state tax systems.

The rankings are certain to provoke disagreement. WalletHub conducted a nationwide survey to determine what Americans think a fair state and local tax system looks like. Using that assessment, analysts then ranked the states based on how closely their tax systems matched what the survey respondents considered to be fair.

Below is a list of the states Americans believe have the most fair tax systems or to view this list in a slideshow click here.

States With the Most Fair Tax Systems

1. Montana
2. Oregon
3 South Carolina
4. Delaware
5. Idaho
6. Virginia
7. Minnesota
8. California
9. Maryland
10. Vermont

States With the Least Fair Tax Systems

41. Tennessee
42. Texas
43. Arizona
44. Mississippi
45. Indiana
46. Florida
47. Illinois
48. Arkansas
49. Hawaii
50. Washington

 

– AccountingToday and Financial Planning Staff

 

 


Accounting Today
Financial Planning
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