WASHINGTON (Gray DC) Kiplinger is out with new rankings for 2016, naming the best and worst states for taxes.
When it comes to taxes, not all states are created equal.
“What we found after doing this year after year after year is that here is just huge variations in what states charge," said Sandra Block, a senior associate editor at Kiplinger.
Block says where you live could have a dramatic impact on your wallet.
“While everybody complains about how much they have to pay in federal taxes, state taxes can take a big bite out of your paycheck too," Block explained.
he 10 Most Tax-Friendly States:
7. South Carolina
8. South Dakota
The 10 Least Tax-Friendly States:
4. New York
5. New Jersey
10. Rhode Island