Retirement & Financial Planning Report

According to a recent survey, Wyoming is the least taxing place to live, for working people and for retirees. Others in the top 10: Nevada, Washington, Tennessee, Alaska, Florida, Louisiana, South Dakota, Texas and Alabama. As might be expected, taxes are highest in the Northeast. Rhode Island ranked dead last while other high-tax localities included New York (49th worst, out of 51), Vermont (46th), Maine (45th), Washington, D.C., (42nd), and New Jersey (41st). Rounding out the Taxing Ten were Montana (50th), Minnesota (48th), Wisconsin (47th), Oregon (44th) and Nebraska (43rd).