Florida Makes The List For Most Tax-Friendly States

Factoid

Every year Kiplinger reveals its annual list of the most and least tax-friendly states for retirees. Its 2016 retiree tax map reveals senior tax breaks across all 50 states, and compares taxes on income (including social security benefits, pensions and other forms of retirement income), property, everyday purchases and your estate. As seen above, Alaska placed first for the most tax-friendly and Florida was ranked no. 6 out of 10. Vermont was ranked no. 1 as the least tax-friendly state for retirees. 

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