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Re: 5 Tax-Friendly States for Retirees 2011

By: DGpeddler in POPE | Recommend this post (0)
Sun, 10 Jul 11 9:51 PM | 18 view(s)
Boardmark this board | (The) Pope's for real stock market report
Msg. 38982 of 65535
(This msg. is a reply to 38980 by Zimbler0)

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"anybody know what sort of
climate Wyoming has?"

Simular to Alaska, only colder, or so I have heard.




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The above is a reply to the following message:
5 Tax-Friendly States for Retirees 2011
By: Zimbler0
in POPE
Sun, 10 Jul 11 9:42 PM
Msg. 38980 of 65535

A Kiplinger article . .

http://finance.yahoo.com/retirement/article/113021/5-tax-friendly-states-retirees-kiplingers

#1 Wyoming

State Income Tax: None
State Sales Tax: 4%
Estate Tax/Inheritance Tax: No/No

Thanks to the abundant revenues that Wyoming collects from oil and mineral companies, its residents have one of the lowest tax burdens in the nation, according to the Tax Foundation, a nonprofit research group in Washington, D.C. There is no state income tax. The state sales tax is 4%, and counties in the Equality State can only add up to 1% in additional levies -- a very low ceiling. Plus, prescription drugs and groceries are exempt from state sales taxes. For most property, only 9.5% of market value is subject to tax, so a home worth $100,000 is taxed on $9,500 of assessed value.

. . . .

(Lots more in the article.)

Zim: I'm pretty sure Pope Snapits holds Wyoming in
very low esteem . . . anybody know what sort of
climate Wyoming has?

Zim.


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