Earn a low income in one of these states, and taxes will cost you either an especially big or and especially small chunk of your earnings.
Sales and excise tax as a percentage of income: 6.16%
Property tax as a percentage of income: 2.79%
Income tax as a percentage of income: 2.88%
Total tax burden as a percentage of income: 11.82%
Indiana is the fifth-worst state for taxation of residents with a low income. Sales and excise taxes hit these residents particularly hard. Indeed, the Hoosier State’s statewide sales tax rate of 7% is one of the highest in the nation, according to the Sales Tax Institute.
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