Friday, February 3, 2012

State Links

Q.  I notice you have links to all 50 states on the left. A few of these have no state income tax. Is there a purpose for showing all 50 states?

A.  Although some states do not have any individual state income tax, most impose several other types of taxes. In fact, if a state doesn't receive revenue from state income taxes, be assured the real property, personal property, and state sales tax rates will be high. States need to general revenue somehow! If you don't pay one type of tax, ultimately, you will pay tax in an alternate form. Additionally, most of the states official websites have convenient links to other governmental related sites in their state. You may find a benefit you didn't know about. By the way, if your browsing, go to the link for South Dakota. They get my vote for the most attractive site!

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