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
I live in Ohio. The state income tax rate in Ohio ranges from 2.75 to 3.75 percent. People who make under 26,000 pay no income tax. But in Ohio there is no sales tax on groceries and no property tax on vehicles. So if you are poor you are not soaked for state revenue every time you go to the grocery or buy license plates.
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