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I knew NH had no state sales tax, but it doesn't have any local sales tax either? Montana too.
by Acrobatic_Road 3y ago
I knew NH had no state sales tax, but it doesn't have any local sales tax either? Montana too.
- irrational 3y agoOregon too.
- yojo 3y agoTrue, but the income tax is brutal. It ramps to 8.75% after the first $10k (single filer) in income, then 9.9% over $125k.
- compsciphd 3y agoI used to joke one would save a lot of money by living and working in WA near the oregon border (i.e. Vancouver, WA) and doing all your shopping over the river in Portland.
- irrational 3y agoThat is true, if you are working in WA. What doesn't work in living in WA but your job is headquartered in Oregon (such as Nike or Intel). That is the worst of all worlds.
- compsciphd 3y agoit surprises me a bit that said companies haven't opened offices over the border. Easy enough to come over to the main offices for meetings when needed.
- anonymouskimmer 3y agoIndiana and Maryland don't have county-level sales taxes, but do have county-level income taxes. May be the same with some of the other states that show 0% local sales tax rates.
- timbit42 3y agoNH has high property taxes instead. You can work and shop in NH and live across the border in another state to save on property taxes.
- sys_64738 3y agoBut you need to pay state income tax in your home state instead if you work in NH.
- ensignavenger 3y agoProperty taxes in NH are high... but not that much higher than many of their neighbors that also have all the other taxes, too.
- timbit42 3y agoThey have the third highest property taxes after New Jersey and Illinois. Connecticut, Texas, Vermont are next, so two nearby states, but Vermont and Connecticut are the states with the fourth and eighth highest taxes, when counting property, sales and income taxes combined, while New Hampshire has the fourth lowest taxes combined.
- ensignavenger 3y agoRight... but not much higher considering the lack of sales.and income taxes.
- ensignavenger 3y agoNH has a sales tax on a few specific items. https://www.tax-rates.org/new_hampshire/sales-tax https://www.tax-rates.org/new_hampshire/sales-tax I don't think it is legal in NH for localities to levy a sales tax, though.