5 States with No or Low Income Tax Rates

In this article, we will look at 5 states with no or low income tax rates. If you want to read our detailed analysis, head straight to 15 States with No or Low Income Tax Rates.

5. Washington

Personal Income Tax Rates (2024): 0%

Corporate Income Tax Rates (2024): 0%

Sales Tax Rates (2024): 7%

Washington does not have a conventional personal income tax rate but levies a 7% tax on capital gains income. With a zero corporate income tax rate, Washington ranks fifth among the states with no or low income tax rates in 2024.