Wyoming
Tax:
Wyoming Is For Tax-haters
According to the June 21, 2004 issue of BusinessWeek and Bloomberg Wealth Manager, Wyoming is for tax-haters. The taxes earned from the production of oil and natural gas within Wyoming borders pays for most of the state’s operating budget. Residents are taxed so little that Bloomberg Wealth Manager has named Wyoming the wealth-friendliest state.
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The Report
The report cites Wyoming as #1, followed by Nevada, Tennessee, Alabama, Alaska and Colorado. The worst of the worst was Rhode Island.