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SFDF News & Information
| South Dakota: A TAX-FRIENDLY STATE | 04/11/2003 |
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The results reflect what residents pay in state and local income taxes, property taxes, sales taxes, luxury taxes and fuel taxes, among others. It also accounts for the portion of business taxes that is passed along to the consumer by way of higher prices and lower wages. Taxes, as a percentage of all income was 8.5% for South Dakotans. This compares to 5.5% for Alaska (rated the most tax-friendly) and 12.9% for the District of Columbia.
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