Many states in America such as California have extremely high income taxes. However, this doesn’t mean that every state has income taxes. In fact, there are some states in America that don’t have income taxes at all. In this video, tax expert Karlton Dennis explains which states in America do not have any income taxes. Every year, many people move to these states in order to take advantage of the lack of state income taxes. Karlton also explains some interesting facts about these states and how some of them got their tax policies. Some of the states that are included in this video are Florida, Alaska, and South Dakota. But, there are many more. This video is ideal for anyone who wants to learn which states do not have state income taxes. However, it is important to note that just because a state does not have income taxes doesn’t mean that it does not levy taxes at all. There are other forms of taxation such as property taxes that these states impose to generate revenue. *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #Stateswithnoincometax #Notaxstates #incometaxes #taxes #KarltonDennis #Statetaxes #incometax
Information
- Show
- FrequencyUpdated twice weekly
- Published19 February 2024 at 18:21 UTC
- Length10 min
- RatingClean