| New
Jersey Ranks 21st in the Nation in Top Personal Income Tax Rates,
2003
Source: Small Business Survival Committee Index 2003
| Rank |
State |
Tax
Rates |
|
Rank |
State |
Tax
Rates |
| |
|
|
|
|
|
|
| 1 |
Rhode
Island |
9.90 |
|
26 |
Iowa |
5.837 |
2
|
Oregon
|
9.81 |
|
27 |
Utah |
5.775 |
3
|
Vermont |
9.50 |
|
28
|
Virginia
|
5.75 |
4
|
California |
9.30 |
|
29 |
North
Dakota |
5.54 |
| 5 |
Maine |
8.50 |
|
30
|
Massachusetts
|
5.30 |
| 6 |
Hawaii
|
8.25 |
|
31 |
Arizona
|
5.04 |
| 6 |
North
Carolina |
8.25 |
|
32 |
Connecticut
|
5.00 |
| 8 |
Minnesota
|
7.85 |
|
32 |
Mississippi |
5.00 |
9
|
Idaho
|
7.80 |
|
34
|
Maryland
|
4.75 |
| 10 |
New Mexico
|
7.70 |
|
35
|
Colorado
|
4.63 |
| 10 |
New York
|
7.70 |
|
36
|
Michigan
|
4.10 |
| 12 |
Ohio |
7.50 |
|
37
|
Louisiana
|
3.90 |
| 13 |
Arkansas |
7.21 |
|
38 |
Indiana
|
3.40 |
| 14 |
Montana
|
7.15 |
|
39
|
Alabama
|
3.25 |
| 15 |
Oklahoma
|
7.00 |
|
40
|
Illinois
|
3.00 |
| 15 |
South
Carolina |
7.00 |
|
41
|
Pennsylvania
|
2.80 |
| 17 |
Wisconsin
|
6.75 |
|
42
|
Alaska |
0 |
| 18 |
Nebraska
|
6.68 |
|
42 |
Florida
|
0 |
| 19 |
West Virginia
|
6.50 |
|
42 |
Nevada |
0 |
| 20 |
Kansas
|
6.45 |
|
42 |
New
Hampshire |
0 |
| 21 |
NEW
JERSEY |
6.37 |
|
42 |
South
Dakota |
0 |
| 22 |
Georgia
|
6.00 |
|
42 |
Tennessee
|
0 |
22
|
Kentucky
|
6.00 |
|
42 |
Texas
|
0 |
22
|
Missouri |
6.00 |
|
42 |
Washington
|
0 |
| 25 |
Delaware
|
5.95 |
|
52 |
Wyoming |
0 |
| |
|
|
|
|
|
|
| |
|
|
|
|
50
State Average
|
5.2% |
| |
|
|
|
|
N.J.
% Above Average |
22.4% |
View all State Stats
|