New
Jersey Ranks 17th in the Nation in Top Capital Gains Tax Rates,
2003
February 2, 2006
Source: Small Business Survival Committee
Rank |
State |
Tax
Rate |
|
Rank |
State |
Tax
Rate |
|
|
|
|
|
|
|
1 |
Oregon
|
9.81 |
|
26 |
Louisiana |
5.10 |
2
|
Montana
|
9.35 |
|
27 |
Arkansas |
5.047 |
3
|
California |
9.30 |
|
28
|
Arizona |
5.04 |
4
|
Maine |
8.50 |
|
29 |
Rhode
Island |
5.00 |
5 |
North
Carolina |
8.25 |
|
29 |
Connecticut |
5.00 |
6 |
Minnesota
|
7.85 |
|
31 |
Maryland |
4.75 |
7 |
New York
|
7.70 |
|
32 |
Colorado |
4.63 |
8 |
Iowa |
7.633 |
|
33 |
Alabama |
4.25 |
9
|
Ohio |
7.50 |
|
34
|
Michigan |
4.10 |
10 |
Hawaii
|
7.25 |
|
35
|
South
Carolina |
3.92 |
11 |
Oklahoma |
7.00 |
|
36
|
Indiana |
3.40 |
12 |
New Mexico
|
6.93 |
|
37
|
Idaho |
3.12 |
13 |
Nebraska
|
6.68 |
|
38 |
Illinois |
3.00 |
14 |
West Virginia
|
6.50 |
|
39
|
Pennsylvania |
2.80 |
15 |
Utah |
6.475 |
|
40
|
Wisconsin |
2.70 |
16 |
Kansas
|
6.45 |
|
41
|
Alaska |
0 |
17 |
NEW
JERSEY |
6.37 |
|
41 |
Florida |
0 |
18 |
Georgia
|
6.00 |
|
41 |
Mississippi |
0 |
18 |
Kentucky
|
6.00 |
|
41 |
Nevada |
0 |
18 |
Missouri
|
6.00 |
|
41 |
New
Hampshire |
0 |
21 |
Delaware
|
5.95 |
|
41 |
South
Dakota |
0 |
22 |
Virginia
|
5.75 |
|
41 |
Tennessee |
0 |
23
|
Vermont |
5.70 |
|
41 |
Texas |
0 |
24
|
North
Dakota |
5.54 |
|
41 |
Washington |
0 |
25 |
Massachusetts |
5.30 |
|
41 |
Wyoming |
0 |
|
|
|
|
|
|
|
|
|
|
|
|
50
State Average
|
4.750 |
|
|
|
|
|
N.J.
% Above Average |
34% |
View all State Stats
|