Professional Documents
Culture Documents
Live Here Not There
Live Here Not There
Not There
DONT live
in : New York
New York not only has a
high individual tax rate
but a high sales tax rate
as well. The State
income tax rate is
8.82%. New York has
the title of the worst
state in the U.S. for
taxes.
LIVE in:
Wyoming
Wyoming is named the
state with the lowest
taxes out of all fifty
states. Although it has
a high property tax it
makes up for it by
having no individual
income taxes.
LIVE in:
South
Dakota
South Dakota has
no individual or
corporate tax.
South Dakota also
has one of the
lowest sales tax in
the country which is
4%.
DONT live
in:
California
California
had a State
Income Tax
Rate of
13.3%. The
sales is
%7.5. The
state relies
on the
income tax
which is
what
causes it to
be so high.
The
LIVE in:
Nevada
Although
Nevada
has a
high sales
tax of
6.875%
there is
no
individual
or
corporate
income
tax
making it
one of the
LIVE in:
Alaska
Although in Alaska
residents pay a decent
property and corporate
tax, the country ranks
number 4 in the lowest
tax states because there
is no sales tax or
individual income taxes.
LIVE in:
Florida
Florida
residents dont
have to pay an
individual tax
and also have
the lowest
income tax
rate of 5.4%.
All businesses
pay the same
minimum level
of taxes each
year which is