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Our sales taxes are 8th in the nation, and, importantly very few states are much lower at all. Almost no states are 6% or below, to our 8.68% combined average.[
by rconti 6y ago
Our sales taxes are 8th in the nation, and, importantly very few states are much lower at all. Almost no states are 6% or below, to our 8.68% combined average.[1]
We've already discussed income tax in this thread, but the parent to your post was talking about "if you were rich > 25 years ago" .. implying the person is probably retired, and isn't paying the highest income tax rates. House paid off, don't need to draw a lot from your retirement, low property taxes.
1. https://taxfoundation.org/state-and-local-sales-tax-rates-2020/ https://taxfoundation.org/state-and-local-sales-tax-rates-20...