7 states without income tax
The taxes that Americans pay are an important part of every state’s budget. It is from these funds that money is allocated for the maintenance of public transport, primary secondary education, Medicaid medical care and other services. One of the most important articles of tax payments to Americans is income tax.
However, there are in the US 7 states where you do not need to pay income tax to the state budget. It is worth noting that all federal taxes lived in these states should pay on a par with everyone.
- Alaska
Alaska does not levy income tax. And in some jurisdictions, there is also no sales tax. How does a state manage to form a budget without paying residents? Help the proceeds from the near-oil sector.
2. Florida
A paradise: great weather, beaches, and no income taxes. The lack of income tax here is compensated by a fairly high sales tax rate. However, residents have an indulgence - a fairly large list of goods is not subject to such a tax.
3. Nevada
There is no income tax, but there is one of the highest sales taxes in the country. Other fees are also increasing, in particular, excise taxes on the sale of cigarettes in 2015 increased by 125%.
4. South Dakota
Low sales tax rate, but at the same time in the state of one of the lowest wage levels in the country.
5. Texas
Quite a high sales tax. 6.2% is the base rate, but local jurisdictions are allowed to add another 1,29%. Thus, the average sales tax rate in Texas is 8,17%. This compensates for the lack of income tax.
6. Washington
Sales tax is 6.5%. One of the highest rates in the country.
7. Wyoming
With no income tax, Wyoming residents also pay a fairly low sales tax—lower than the national average.
Read also on ForumDaily:
45 ways to make more money in 2017 year
5 professions for men that can be quickly mastered in the USA
5 high-paying professions in the field of beauty and how to get them
Subscribe to ForumDaily on Google NewsDo you want more important and interesting news about life in the USA and immigration to America? — support us donate! Also subscribe to our page Facebook. Select the “Priority in display” option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram and Instagram- there is a lot of interesting things there. And join thousands of readers ForumDaily New York — there you will find a lot of interesting and positive information about life in the metropolis.