Property taxes are low in the Natural State, but sales taxes are among the highest in the country — even groceries are taxed (albeit at a lower rate). Income tax is particularly complicated in Arkansas, as the state uses multiple rate schedules that give it 16 different tax brackets ...
Georgia's tax brackets mean that many taxpayers will find themselves paying the top marginal rate, which kicks in at just $10,000 of taxable income for married couples filing jointly or $7,000 for individual filers. Sales taxes lean high, and in some areas, groceries are taxed as w...
As youretire earlyor reach your Golden Years, you may be considering moving somewhere new to start the next chapter of your life. But some places are better than others. The Council for Community & Economic Research looks at the costs of health care, utilities, groceries, transportation, and ...
Pennsylvania doesn’t tax any traditional types of retirement income; even other types of income are taxed at a low flat rate. Pennsylvania. Source: Retirement Living What people like about living in Pennsylvania: “Great health care systems and a good transportation system.” “No local or ...
Neither Social Security income nor pension income are taxed in Mississippi. It also doesn't have an estate tax. Still, Mississippi's tax treatment gets a few dings. For one, it's among a handful of states that charge sales tax on groceries. Its sales tax, at 7 percent, gives Mississippi...
Northern Virginia and the Hampton Roads area have an additional 0.7% sales tax. There's also an additional 1.7% tax in Williamsburg, James City County and York County. That gives the state an average combined rate of 5.65%, according to the Tax Foundation. Groceries are taxed ...
The strangest outcome, though, may be in Illinois (and many other states), where a Snickers bar gets taxed at the state’s 6.25% rate, but a Twix bar is taxed at only 1%. Why? A Twix contains flour, and according to the definition of candy from the Streamlined Sales and Use Tax Ag...
Northern Virginia and the Hampton Roads area have an additional 0.7% sales tax. There's also an additional 1.7% tax in Williamsburg, James City County and York County. That gives the state an average combined rate of 5.65%, according to the Tax Foundation. Groceries are taxed at ...