Profitable Real Estate and Taxes

[Account Closed]

Here’s what a $100,000 annual salary represents in take-home pay in the 10 states with the lowest income taxes:

This Doesn’t include sales tax, and the one we all love – Property Taxes – or even gas taxes. In fact it doesn’t even include the taxes they levy on taxes just to get more taxes. When you compare the cost of living across states `with the amount of tax coming out of your checks, well, you get the idea.

1. Alaska – $73,077
2. Florida – $73,077
3. Nevada – $73,077
4. New Hampshire – $73,077
5. South Dakota – $73,077
6. Tennessee – $73,077
7. Texas – $73,077
8. Washington – $73,077
9. Wyoming – $73,077
10. North Dakota – $71,523

And here’s what you would take home from a $100,000 yearly paycheck in the five states with the highest income taxes: 

And as Jerry Brown, Governor of California is fond of saying “Nobody ever leaves California just because we raise taxes.”

1. Oregon – $65,092
2. Maryland – $65,541
3. New York – $65,753
4. Hawaii – $65,846
5. California – $66,157
6. Kentucky – $66,252
7. Idaho – $66,394
8. South Carolina – $66,720
9. Minnesota – $66,812
10. Maine – $66,821