How Do Minnesota Tax Rates Stack Up
As the previous page demonstrates that the three primary taxes states typically impose (individual income, corporate income and sales taxes) Minnesota has relatively higher rates than most states. In fact, the following map shows Minnesota is ranked ninth for state and local tax collections per capita during 2018. Remember that the darker the color on the maps, the higher the tax burden is.
Minnesota income tax ranks 46th in the Tax Foundation's business tax climate index having the fourth highest individual income tax rates in the nation.
Minnesota sales tax ranks 28th in the Tax Foundation's business tax climate index having the 22nd highest sakes tax rates in the nation.
Finally, Minnesota corporate income tax ranks 45th out of the 50 states in the Tax Foundation's business tax climate index.