I am thinking about relocating because N.C. has a hugely unfair tax system ie; personal, local, state. (IT seems to me that the sheep -(taxpayers) are happy to give and give and give.)
I was looking at Tennessee, or South Carolina (leaning towards the former) Maybe Texas but I think the property tax is getting a bit high.
Please be nice.
2007-04-14 23:41:15 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes
Alaska. No seriously. No state income tax and they pay you to live there. I am from Hawaii which is worse tax wise than NC. Here is a state tax ranking chart as well.
2007-04-14 23:48:39 · answer #1 · answered by DefenseEngineer 4 · 1⤊ 0⤋
I'd recommend against Tennessee. I moved from a state income tax state to Tennessee and I swear I pay more tax now. The sales tax is what kills you - 9.25% on everything - milk, bread, cars, services (like haircuts) etc. Plus I haven't seen any indication that the cost of living is less than most other similar states - in fact, it seems to be more. Jobs are few and far between, and pay less than other areas. Don't want to mislead in anyway - you might find a larger city and it may work out better. But from what I've seen, I'd rather have state income tax than this.
2007-04-15 04:00:40 · answer #2 · answered by Kate 1 · 1⤊ 0⤋
There are several states with no state income tax, but for the most part they make it up in other taxes. Relocating to save taxes seems a bit drastic.
2007-04-15 04:10:26 · answer #3 · answered by Judy 7 · 1⤊ 0⤋