Surrounding State Comparisons

State Sales Tax Rate Top Personal Income Tax Rate Top Corporate Income Tax Rate
Iowa 6.000% 8.98% 12.00%
Missouri 4.225% 6.00% 6.25%
Nebraska 5.500% 6.84% 7.81%
South Dakota 4.000% NA NA
Minnesota 6.875% 9.85% 9.80%
Wisconsin 5.000% 7.65% 7.90%
Illinois 6.250% 3.75% 7.75%
Source: Federation of Tax Administrators, Tax Rates/Surveys – Tax Rates, updated January 1, 2015, <http://www.taxadmin.org/current-tax-rates>.