Arizona’s taxing situation

Screen Shot 2014-10-29 at 6.34.26 AMBy Russ Wiles, The Republic | azcentral.com

Arizonans pay low property taxes but high sales taxes, according to a new report that gives the state an overall ranking near the middle. Wyoming has the mildest taxes and New Jersey the heaviest.

Arizona homeowners face relatively low property taxes at the state level, but Arizonans pay one of the nation’s highest sales-tax rates, giving the state an overall middle ranking on tax burden, according to a new study.

Arizona placed 23rd, with slightly lower taxes on average, in a study that looked at more than 100 variables in five broad tax categories conducted by the Tax Foundation in Washington, D.C. Arizonans also pay one of the lowest taxes to support unemployment insurance and comparatively mild levies on corporate and individual income.

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Related: ASU: Arizona drops out of Top 10 in job growth

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