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
>How do some states (TN, FL, etc) get by with having no income tax?
They raise other taxes instead. This often means lowering income taxes (to help the rich), and raising sales taxes (which hurts the poor) to make up for it.
They also slash public services (don’t spend money fixing roads, have fewer and worse assistance programs, etc).
>Why can’t every state get rid of it?
Because doing so would make life worse for almost everyone (see above).
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