How do state taxes compare across the U.S.?
An example of an AI chatbot conversation about comparing state taxes in the U.S.
How do state taxes compare across the U.S.?
State taxes vary significantly across the U.S. Some states have no income tax, while others have high rates. Would you like to know about specific states?
Yes, can you compare California and Texas?
California has a progressive income tax with rates up to 13.3%, while Texas has no state income tax. However, Texas has higher property taxes.
What about sales tax rates?
California's state sales tax is 7.25%, but local taxes can increase it to over 10%. Texas has a state sales tax of 6.25%.
Which state is better for retirees?
Many retirees prefer states with no income tax, like Texas or Florida, as it can lead to significant savings.
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