How does your state's effective tax rate rank?

State and local taxes remain one of the most consequential and least intuitive variables in financial planning. A recent analysis from WalletHub underscores just how wide the dispersion is: The gap between the lowest- and highest-tax states approaches 10 percentage points of income, with households in the most expensive states paying more than twice as much as those in the least. For advisors, the key takeaway isn't just where a state ranks, it's how the tax burden is constructed. Total liability refle ...