April 12, 2018
Top 10 U.S. States That Have the Highest Sales Taxes
LOUISIANA
Overall Rating for Taxes on Retirees: Tax-friendly
State Sales Tax: 5.0% state levy. Localities can add as much as 7%, and the average combined rate is 9.98%, according to the Tax Foundation. Groceries and prescription drugs are exempt from the state’s sales tax, but localities may tax these.
Income Tax Range: Low: 2% (on $12,500 or less of taxable income for individuals, $25,000 for joint filers); High: 6% (on more than $50,000 of taxable income; $100,000 for joint filers). Residents can deduct all of their federal income tax from state taxable income.
Taxes on Social Security: Benefits are not taxed.
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