Type to search

Economic Development News

Delaware one of Kiplinger’s most-tax-friendly states

Avatar photo

Kiplinger’s magazine has ranked Delaware as its seventh most-tax-friendly state.

The magazine called the First State a standout among its East Coast neighbors because it has no sales tax and low property taxes, although it noted income taxes escalate quickly from the low of 2.2 percent to 6.6 percent on taxable income about $60,000.

Kiplinger’s 10 most-tax-friendly states are:

  1. Wyoming
  2. Alaska
  3. South Dakota
  4. Florida
  5. Nevada
  6. North Dakota
  7. Delaware
  8. Arizona
  9. Louisiana
  10. Mississippi

It’s 10 least-tax-friendly states are:

  1. Maryland
  2. Minnesota
  3. New York
  4. Illinois
  5. Maine
  6. Vermont
  7. Hawaii
  8. California
  9. Connecticut
  10. New Jersey

See the magazine’s interactive map of states at Kiplinger.com/links/taxmap

Get the free DBT email newsletter  

Follow the people, companies and issues that matter most to business in Delaware.


You Might also Like

Leave a Comment

Your email address will not be published. Required fields are marked *

Premier Digital Partners

© 2024 Delaware Business Times

Flash Sale! Subscribe to Delaware Business Times and save 50%.

Limited time offer. New subscribers only.

Limited time offer. New subscribers only.


Subscribe to Delaware Business Times and save 50%