quote:

Originally posted by Fredward:
They certainly aren't spending money fixing the roads. At least, not the last time I was there.

I do believe Missouri has the worst roads I have ever seen, let alone driven on.

quote:

Originally posted by Graniteguy:
NH has no income tax and no sales tax. Property taxes, however, tend to be high. There is also a restaurant/meals tax.

If you live in a modest home and are a high wage earner, NH is a good place to live for wealth preservation.

As a former NH resident I have to agree with the above. The property taxes are about double what they are in the mid Atlantic.
NH also runs their liquor stores and is able to generate significant profit from all the tourists that come up for the lakes and mountains that are available. The prices are also very good compared to surrounding states.
Just looked it up and nh liquor sales generate $165 million in net income…

^^ Add it all up and NH has the third lowest tax burden of any state in the country!

AND, one of the free-est of the free states when it comes to the 2nd Amendment and firearms laws!

quote:

Originally posted by ridewv:
I don't mind a reasonable income tax it's property tax that pisses me off.

^ditto (Plus all the hidden taxes like line items on cell, power and cable bills and the Fredrick County, VA "$40 license fee". Oh and 10.5% tax on prepared food)

quote:

Originally posted by nhracecraft:
^^ Add it all up and NH has the third lowest tax burden of any state in the country!

AND, one of the free-est of the free states when it comes to the 2nd Amendment and firearms laws!

And… My ancestor, Josiah Bartlett, who signed the Declaration of Independence, was from NH!

The two states I've lived in as an adult don't have an income tax. Texas and Tennessee.

In Texas the property taxes were pretty high tho. Sales taxes actually aren't too high and not all items are taxed (around 7.5% I think in the Dallas area). Most groceries did not have sales tax applied but items like carbonated drinks, and foods that are prepped. Retail products are taxed though and the tax could vary by as much as 1.5% depending on where you are located.

In Tennessee, everything has a sales tax on it (with some rare exceptions, like in some cases labor for services might not be subject to tax). In most areas of TN the local taxes are 9.75% so you pay that tax on everything you buy. Some items have additional taxes on them but that's added to the listed price of the item before you're charged the local tax rate.

With living in southwest TN, if you're making a large purchase a lot of people will go across the MS border to buy down there where the tax rate is 2.75% lower. MS has a state income tax, and only a 7% tax rate in most areas, compared to the 9.75% rate you'll find around the Memphis area.

And an oddity around here, Arkansas has state income tax but their sales taxes are as high as over 12% in some areas. The West Memphis sales tax rate is 10.5%. But it looks like they only charge .125% on standard groceries.