How do some states (TN, FL, etc) get by with having no income tax? Why can’t every state get rid of it?

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How do some states (TN, FL, etc) get by with having no income tax? Why can’t every state get rid of it?

In: Economics

41 Answers

Anonymous 0 Comments

(1) Raise money other places;

(2) Take more money from the federal government than their residents pay in compared to other states (so, getting money from other states’ residents);

(3) Spend their money on less/lower quality infrastructure.

Not every state does all three but basically all the possibilities boil down to one or more of these.

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