kiplingers magazine listed the states in order of tax friendlyness . they used a family of 4 with 150k in income between teh 2 spouses plus another 10k in income from interest and dividends
they added up income tax,property tax and sales tax
the results??? texas without an income tax was rated tax friendly. as was california.
in texas’s case it was the high property tax that offset californias income tax rate
anotehr survey ranked texas #32 when it came to tax freidnlyness as opposed to california 35…
according to kiplinger these are the 10 worst states for taxes
- New York
- New Jersey