It has been said that there are only two certainties in life, death and taxes.  You can't control one, but the other depends on which state you live in.

There are a lot of advantages to living in South Dakota.  The winter weather may not be one of them, but a low tax burden certainly is.

Kiplinger is out with its Tax Map for 2019 and South Dakota ranks as one of the most tax-friendly states.

Kiplinger notes that South Dakota's state sales tax of 4.5% is below average (Sioux Falls adds 2% city tax), as is the $0.30 per gallon gasoline tax, 4% vehicle excise tax and the $1388 per $1000 property tax.  South Dakota shines when it comes to our lack of state income tax or tax on inherited estates.

Iowa and Nebraska were ranked among the least tax-friendly states. Kiplinger dings the states for their higher than average property, vehicle, income, and estate taxes.

Minnesota ranks as not tax-friendly, even though its lowest income tax rate is 5.35%.  Property taxes are average, while income, vehicle and inheritance taxes are on the high side.

Joining South Dakota as the most tax-friendly states are: Alaska, Arizona, Florida, Nevada, New Hampshire, North Dakota, Tennessee, Washington State, and Wyoming.

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