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ND ranks high, Minnesota low on list of tax-friendly states

North Dakota has been named the No. 6 most tax-friendly state in Kiplinger.com's annual list of the most and least tax-friendly states. Minnesota, on the other hand, ranked as the No. 2 least tax-friendly state.Minnesota's top income tax rate of ...

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North Dakota has been named the No. 6 most tax-friendly state in Kiplinger.com's annual list of the most and least tax-friendly states. Minnesota, on the other hand, ranked as the No. 2 least tax-friendly state.

Minnesota's top income tax rate of 9.85 percent is one of the highest in the U.S. But, according to Kipplinger, what makes the state really stand out - and not in a good way - is its income tax rate of 5.35 percent for the state's lowest earners. Maryland was the only state to rank less friendly.

North Dakota was found to be tax-friendly based on its modest sales taxes that favor agriculture and a relatively low state income tax. North Dakota collects an average sales and local tax of 6.78 percent. The state's income tax is 1.10 percent on taxable income less than $37,950/single and $63,400/joint; and 2.90 percent on taxable income of more than $416,700.

North Dakota ranked behind Wyoming, Alaska, South Dakota, Florida and Nevada as most-friendly.

The list was unveiled as part of Kiplinger's fifth annual Tax Map, which reveals income taxes, sales taxes, gas taxes, "sin taxes" for products such as alcohol and tobacco, and other tax rules and exemptions across all 50 states and Washington D.C.

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