No income tax states continue to be magnets for wealth
The chart below says it all:
2 Replies to “No income tax states continue to be magnets for wealth”
For clarification purposes, TN and NH tax unearned income but have no tax on earned income. All the other 7 states tax neither earned nor unearned income.
For clarification purposes, TN and NH tax unearned income but have no tax on earned income. All the other 7 states tax neither earned nor unearned income.
Absolutely correct and worth pointing out.