States with no income tax

rockin'robin

rockin'robin

Well-Known Member
Joined
Apr 22, 2007
Messages
24,431
Reaction score
549
No one likes to pay income taxes. That's not a problem, at least at the state level, for residents of seven states that have no state income tax. Two others don't tax wage income.

Alaska
The Last Frontier doesn't have a state sales tax, either. Alaska depends primarily on petroleum revenue to pay for its state operations.

Florida
In the absence of an income tax, the Sunshine State relies on sales taxes. Local government costs are covered by property taxes.

Nevada
The Silver State's treasury collects almost a billion dollars each year in gambling-related taxes and fees

South Dakota
To cover costs not paid for by an income tax, South Dakota's Department of Revenue Special Tax Division collects a variety of state taxes, including cigarette excise, bank franchise and alcoholic beverage taxes, and even a coin-operated laundromat license fee.

Texas
The Lone Star State depends on a state sales tax, with local jurisdictions collecting additional sales tax amounts and property taxes to help pay government bills.

Washington
The Evergreen State remains in the no-income-tax fold thanks to its voters' rejection in November 2010 of a proposed income tax on Washington's wealthiest residents.

Wyoming
In addition to no personal state income tax, the Cowboy State also forgoes a corporate income tax.

New Hampshire
The Granite State doesn't tax wage income, but it does collect taxes on residents' dividend and interest income.

Tennessee
Volunteer State residents don't have to file a return to pay taxes on wages, but Tennessee does tax their dividend and interest income.

http://finance.yahoo.com/news/states-with-no-income-tax-163807676.html
 
Nevada is where I'm heading ASAP. Washington is going in the wrong direction for me. :D
 
It would certainly help people in Massachusetts. However, it would take away state worker jobs as well.

It came very close to passing here. The next year, the state used tax money to fight the measure.
 
VacationGuy234 said:
It would certainly help people in Massachusetts. However, it would take away state worker jobs as well.

It came very close to passing here. The next year, the state used tax money to fight the measure.
Click to expand...

Don't you mean Taxachusetts. ?? I was shopping at Home Depot in NH and the salesman was telling when our sales taxes went up it was great for them more people from
Taxachusetts were driving over to NH to shop.
 
whatdidyousay! said:
Don't you mean Taxachusetts. ?? I was shopping at Home Depot in NH and the salesman was telling when our sales taxes went up it was great for them more people from
Taxachusetts were driving over to NH to shop.
Click to expand...

It is true we have lot of taxes. But, take a look at states like NH and Maryland in terms of property tax, you can see why people are not leaving the state.
 
VacationGuy234 said:
It is true we have lot of taxes. But, take a look at states like NH and Maryland in terms of property tax, you can see why people are not leaving the state.
Click to expand...

I know people that live in NH and they said property taxes are high , my taxes are very high for my small condo . I would love to move out of my state.
 
Back
Top