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Business News-Tax Reform-States

Business News-Tax Reform-States

South Dakota Is 2018ís State 10th Most Affected by Tax Reform


News Staff - March 28, 2018

UNDATED - With tax season in full swing and a new tax code recently signed into law by President Donald Trump, the personal finance website WalletHub today released its report on 2018’s States Most Affected by Tax Reform.

In order to determine which states will get the best tax breaks going forward, WalletHub compared the 50 states and the District of Columbia based on the state-specific average tax change for low, middle and high-income families.

In combination with this report, WalletHub also released its Tax Fairness Survey, which takes stock of taxpayers’ attitudes toward the new tax code and how they expect it will influence their lives.

Average Tax Change in South Dakota (1=Benefiting the Most, 25=Avg.):

30th – Low-Income Families
13th – Middle-Income Families
12th – High-Income Families

For the full report, please visit:
https://wallethub.com/edu/states-most-affected-by-tax-reform/47861/



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