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Illinois is the worst state to be a taxpayer for second straight year

Kevin HoffmanReboot Illinois

Mar 16, 2016
4,450 views
For the second year in a row, WalletHub has pegged Illinois as the worst state to be a taxpayer.The personal finance site's study ranks all 50 states and the District of Columbia based on the effective total state and local tax rate, which is calculated as a percentage of the national median household income of $53,889. Four types of taxation are taken into account: property tax, vehicle property tax, income tax, and sales and excise tax.With an effective total state and local tax rate of 14.54 percent, Illinois has the highest in the nation. But when adjusted for cost of living, Illinois'...

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