2. Arkansas
Arkansas is the 25th southern U.S. state bordering the Mississippi River. The state was formed from part of the land acquired in the Louisiana Purchase.
With a population of about 3 million people, Arkansas is a state where retirees enjoy the leisure of low taxes, specifically on income taxes and property taxes. This mid-sized state also does not tax Social Security, and property taxes are ranked among the lowest in the USA.
Furthermore, Arkansas does not have an inheritance tax. Those retirees who want to pass on some of their capital or affluence to the next generation can do so tax-free, at least at the state level.
Tax-friendly states! Here they are.
