Earlier this month, Kiplinger released a report stating that Iowa ranked among the least tax-friendly states in the United States. The study focused on state tax rates and rules throughout each state, including income, gas, property and sin taxes such as alcohol.
The study focused on a model of a family of four with a combined earned income of $150,000 a year. Iowa ranked at number nine. In addition to Iowa, Connecticut, Illinois, Kansas, Nebraska, New Jersey, New York, Ohio, Pennsylvania and Wisconsin also were deemed the least tax-friendly. Illinois made the number one spot.
"Because the report relied on a hypothetical couple with an income and property valued far above the medians in Illinois and Iowa, the results are not necessarily representative of the average taxpayer," the Rock Island Dispatch Argus states. "Still, it sheds light on tax discrepancies between the states."
The states in the most-friendly category are Alaska, Arizona, Florida, Nevada, New Hampshire, North Dakota, South Dakota, Tennessee, Washington and Wyoming.
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