taxes






 

Question by  BaldMtn (1)

Which state has cheapest property taxes and income taxes? How does Idaho stack up?

 
+7

Answer by  Att4372 (1704)

Three states have no income tax - New Hampshire, Florida, and Texas. Idaho has a 7%+ tax rate on incomes above $6,000. This makes Idaho relatively expensive. (Massachusetts is 5.3%.) Idaho has COUNTY property tax. Rate depends on where you live.

 
+3

Answer by  Cecilia (2828)

Kiplinger has a good article about taxes by state. It's aimed at retirees, but it gives lots of information about states with no sales tax or no income tax.

 
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