No Income Tax States
How to Benefit from Geo-Arbitrage
Everyone wants to have lower taxes.
Being in the United States, you owe federal tax and state tax.
A way to accomplish having a lower tax bill is to live in a state with no income taxes.
As of 2021, nine states are considered no income tax states.
The great thing about these states having no income tax is that you can earn as much as you want,
without paying income tax to the state government.
Here is a list of no-income-tax states:
States With No Income Tax
After looking at these states, you may wonder how these states generate revenue.
These no income tax states use sales and property tax primarily for their revenue.
As we look at the pros and cons you might realize the implications that need discussing.
Ideologically speaking, we have two sides to the taxation issue.
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