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How Does Your State Stack Up On Taxes?

It’s that time of year. The time we all come to dread … paying the taxman.

For millions of Americans, not only do you have to file federal taxes, but the state wants their cut as well. But not all states are the same.

Some charge different tax rates based on adjusted gross income, while some have a flat tax rate, no matter how much you make in a year. A select few don’t charge any state income taxes at all.

We’re in the middle of filing season, and knowing as much as you can about where your money is going (including the drudgery of taxes) can be a major boon to your financial future.

That leads us to our Chart of the Week…

This post appeared first on Money & Markets, LLC.