WASHINGTON, D.C.—Kiplinger’s magazine has named Delaware the country’s most tax-friendly state.
The magazine released its ranking of the most and least tax-friendly states and listed Delaware as the best.
The magazine compared income tax, sales tax, gas tax, sin taxes for products such as tobacco and alcohol and other taxes and exemptions across all 50 states.
“Over the next year, millions of Americans will move to a different state—for all sorts of reasons,” said Robert Long, managing editor of Kiplinger.com. “From young professionals moving across the country for a new job to working parents moving a state over to find a better home for their family, the tax map provides a valuable tool to people of all ages, backgrounds and career stages.”
Delaware tops the tax-friendly states, and California tops the least tax-friendly states. Runnersup are Wyoming on the tax-friendly list and Connecticut on the least tax-friendly list.
Delaware’s neighbor New Jersey is third on the least tax-friendly list.
