State income tax is an income tax

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State income tax is an income tax

Post  satya on Thu Apr 15, 2010 12:57 pm

State income tax is an income tax in the United States that is levied by each individual state. Seven states choose to impose no income tax. These states are Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming. Additionally, New Hampshire and Tennessee limit their state income taxes to only dividends and interest income. These states (such as Tennessee) raise primary revenue through alternate taxation methods, such as higher sales taxes.





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