States With Low and No Capital Gains Tax

No capital gains tax states and states with low tax rates are selling points for many people lately.

coins and zero percent sign sitting on a table in front of a window
(Image credit: Getty Images)

Capital gains tax is a popular topic in part because capital gains can impact everything from financial status and investment decisions to wealth accumulation.

  • When you sell an asset and make a profit, you have a capital gain, and depending on whether that gain is considered long-term or short-term and how effectively you offset it, you’ll generally have to pay taxes on it. 
  • High capital gains tax rates can reduce the amount of money you keep from your investment earnings.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Kelley R. Taylor
Senior Tax Editor,

As the senior tax editor at, Kelley R. Taylor simplifies federal and state tax information, news, and developments to help empower readers. Kelley has over two decades of experience advising on and covering education, law, finance, and tax as a corporate attorney and business journalist.