GOP-led Michigan Legislature reaches deal to cut taxes by $2.5 billion
Calif. could learn something from this. Elect someone besides democrats and maybe your damn taxes won't be so high.
If you would like to know your states tax rate, here is a chart I found. Looks like only 8 states have zero taxes.
| State Name | Lowest Tax Bracket | Highest Tax Bracket |
|---|---|---|
| Alabama | 2% | 5% |
| Alaska | 0% | 0% |
| Arizona | 2.59% | 4.5% |
| Arkansas | 2% | 6.6% |
| California | 1% | 13.3% |
| Colorado | 4.63% | 4.63% |
| Connecticut | 3% | 6.99% |
| Delaware | 2.2% | 6.6% |
| District of Columbia | 4% | 8.95% |
| Florida | 0% | 0% |
| Georgia | 1% | 5.75% |
| Hawaii | 1.4% | 11% |
| Idaho | 1.12% | 6.92% |
| Illinois | 4.95% | 4.95% |
| Indiana | 3.23% | 3.23% |
| Iowa | 0.33% | 8.53% |
| Kansas | 3.1% | 5.7% |
| Kentucky | 5% | 5% |
| Louisiana | 2% | 6% |
| Maine | 5.8% | 7.15% |
| Maryland | 2% | 5.75% |
| Massachusetts | 5% | 5% |
| Michigan | 4.25% | 4.25% |
| Minnesota | 5.35% | 9.85% |
| Mississippi | 3% | 5% |
| Missouri | 1.5% | 5.4% |
| Montana | 1% | 6.9% |
| Nebraska | 2.46% | 6.84% |
| Nevada | 0% | 0% |
| New Hampshire | 5% | 5% |
| New Jersey | 1.4% | 10.75% |
| New Mexico | 1.7% | 4.9% |
| New York | 4% | 8.82% |
| North Carolina | 5.25% | 5.25% |
| North Dakota | 1.1% | 2.9% |
| Ohio | 2.85% | 4.8% |
| Oklahoma | 0.5% | 5% |
| Oregon | 5% | 9.9% |
| Pennsylvania | 3.07% | 3.07% |
| Rhode Island | 3.75% | 5.99% |
| South Carolina | 0% | 7% |
| South Dakota | 0% | 0% |
| Tennessee | 1% | 1% |
| Texas | 0% | 0% |
| Utah | 4.95% | 4.95% |
| Vermont | 3.35% | 8.75% |
| Virginia | 2% | 5.75% |
| Washington | 0% | 0% |
| West Virginia | 3% | 6.5% |
| Wisconsin | 4% | 7.65% |
| Wyoming | 0% | 0% |
Texas has no state income tax. I was told years ago it was because of all the oil and gas here. The state gets a lot of tax revenue from oil and gas wells.
ReplyDeleteIf they continue to limit drilling, we may be in line for income taxes here as well.
I think Texas has no tax because you guys are smart enough to not have one. We have one here, and most of it gets wasted on feel good programs, or some type of tomfoolery.
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