Here are the results of a study by the Tax Foundation. (The map says we are #11 but it also says Nevada is #11; Nevada wins, we’re 12.)
5 comments
The highest property tax rate, the 12th highest sales tax rate, and tied for the lowest personal income tax rate.
@ 11:13 pm on October 17, 2009
Yeah, but liquor is SO much cheaper in Okla.
@ 11:15 pm on October 17, 2009
We don’t have a State Income Tax. Wick, see if there is a map that shows which States have income taxes and the rate, then let’s compare!
@ 11:28 am on October 18, 2009
It would be interesting to see a total effective tax rate, where income, franchise, property and sales taxes were collectively analyzed. All in Texas is still a cheap place to live.
@ 2:18 pm on October 18, 2009
I believe Chicago may have the highest sales tax in the nation now at 10.25%, AND Illinois has state income tax.
Folks in Texas do have it better than they think with no state income tax. It somewhat evens out but you at least have more control here.
@ 8:53 am on October 20, 2009
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FrontBurner® launched in March 2003, the first blog in Dallas run by a media organization. This is where the editors of D Magazine come to waste a tremendous amount of time.
5 comments
The highest property tax rate, the 12th highest sales tax rate, and tied for the lowest personal income tax rate.
Yeah, but liquor is SO much cheaper in Okla.
We don’t have a State Income Tax. Wick, see if there is a map that shows which States have income taxes and the rate, then let’s compare!
It would be interesting to see a total effective tax rate, where income, franchise, property and sales taxes were collectively analyzed. All in Texas is still a cheap place to live.
I believe Chicago may have the highest sales tax in the nation now at 10.25%, AND Illinois has state income tax.
Folks in Texas do have it better than they think with no state income tax. It somewhat evens out but you at least have more control here.