2006-06-25 00:50:59 · 6 answers · asked by krleasy 1 in Business & Finance ➔ Taxes ➔ United States
Nine of the 50 United States do not have a personal income tax:
* Alaska
* Florida - once had tax on "intangible personal property" held on the first day of the year (stocks, bonds, mutual funds, money market funds, etc.) but was abolished starting in the year 2007.
* Nevada
* New Hampshire - does have tax on interest and dividends
* South Dakota
* Tennessee - does have tax on interest and dividends
* Texas
* Washington
* Wyoming
2006-06-25 00:55:48 · answer #1 · answered by Foleydav 2 · 1⤊ 1⤋
There are a few states that doesn't collect state income taxes. There is the retirement state Florida that doesn't collect state income tax. Nevada doesn't collect taxes either; the state earns its revenues through the casinoes. To round it off, Texas, New Hamshire and Tennessee does not collect taxes, but a few of them may have dividend and interest taxes.
Alaska and North Dakota doesn't collect taxes, but it doesn't rate high of the list of places to live.
Good luck on your research...
2006-06-25 07:59:03 · answer #2 · answered by Tristan K 2 · 0⤊ 0⤋
If you are looking for the best deal tax-wise, live in Washington State just north of the Oregon border. Do all your shopping in Oregon.
Washington has no state income tax, and Oregon has no state sales tax.
2006-06-25 08:37:01 · answer #3 · answered by pondering_it_all 4 · 0⤊ 0⤋
I know PA doesn't have sales tax. I live right on the border of PA and Ohio, and a lot of people go shopping over there. They do have tax on food, and in Ohio, we don't unless you sit down and eat! It's crazy how different places have different taxes! And hotels... they have lodging tax, and some places have a lot more taxes than that!
2006-06-25 07:53:52 · answer #4 · answered by Aunt Sam 4 · 0⤊ 0⤋
Good information to know
2006-07-01 09:26:25 · answer #5 · answered by ladymay 3 · 0⤊ 0⤋
TX
2006-06-25 07:54:19 · answer #6 · answered by MommaPat 1 · 0⤊ 0⤋