Where to Live to Avoid the Most Taxes
18th September 2024
About two-thirds of Americans believe they pay too much in taxes, and only about 25% believe they get good value in return for their money. Add in the maddening complexity of our tax code and the plethora of (often insane) advice flying around, and it’s easy to see why people put so much effort into avoiding as much tax as they can.
Of course it can be beneficial to reduce the amount of tax that you have to pay every year. If you have the flexibility and a portable income stream that you can take with you, moving to a tax-advantaged area can be an effective way to accomplish that—but it’s not as simple as googling states with no income tax and hopping on Zillow. You need to consider the overall tax burden, and then get creative.
If ten percent is good enough for Jesus, it ought to be enough for Uncle Sam.
Of course, the actual answer to this question is ‘Nowhere in the United States’.