Forty-one U.S. states, including populous states like California, Texas and Florida, do not tax Social Security benefits.
Nine states across the country have lowered their income tax rate as of January 1, in a move that, at least on paper, should allow residents to have more money to spend on goods and services.
The map below shows the highest and lowest tax rates in states with progressive tax structures; rates for states with flat tax rate structures; and it also lists states that do not levy an income ...
Texas has one of the highest sales and property tax rates in the nation. The state imposes a 6.25% state sales and use tax.
(States that don’t tax retirement income were excluded from consideration.) Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more.