answersLogoWhite

0


Best Answer

It is hard to say for sure, but based on total tax burden when taking into consideration Federal and State taxes combined it appears that the cheapest states are

1 Oklahoma

2 Alabama

3 Alaska

4 Mississippi

5 Tennessee

Check out the figures on the tax foundation website:

http://www.taxfoundation.org/taxdata/show/335.html

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Based on taxes what state is the cheapest to live in?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the formula used to calculate property taxes?

There is no formula, it's just a percentage based upon what state and county you live in.


Do you pay state taxes where you work or where you live?

where i live


Are the taxes for a new car based on where you live or where you buy the car?

The taxes on a new vehicle purchase will be paid to the state where you reside. If you purchase the vehicle in a state other than the one where you reside you will pay the sales tax when you register it, or title it in your state.


What percentange of your taxes do you lose if you claim a dependent?

Federal taxes are not based on a straight percentage but on a deduction and then a percentage. The percentage is according to income. If you live in a state that already takes out high taxes, then the federal government takes out taxes at an even higher rate.


What is the difference between income taxes and state taxes?

Income taxes are taxes paid based on the amount of your wages and other forms of income, including but not limited to investment income, pensions, interest and dividend income, business income, rental income, etc. Income taxes are assessed by and paid to the federal government and, depending on where you live, also state and local governments. State taxes can come in many forms, including not only income taxes, but also property taxes, sales taxes, use taxes, excise taxes, business taxes, etc.


Can you file your taxes in another state?

you can only file your taxes in the state you live in unless you work in another state and you are filing a income tax.


What if you live in new york and buy a car in New Jersey do you pay have to pay both state taxes?

Sales tax is based on where you live. You would pay 8.125% sales tax


Are taxes taken out of unemployment paychecks?

You didn't say what state you live in. Where I live, they let you decide whether you want them to take out taxes or not.


How can you travel to New Jersey and what is the cheapest way to get there?

It depends on where you live. If you live close enough to the state of New Jersey, then the best and cheapest way to get there is by car, train, or subway.


Do you have to pay taxes if you win a car?

If you win a car you are responsible to pay taxes in the state where you live.


Do you have to file taxes in a state you own a home but do not live or work in?

No you don't, Only the state u live and work in


If you live in one state and work in another state which state does an employer pay unemployment taxes to?

The employer pays its unemployment taxes to the state the employer is located in. You might file your claim with the state you live in, but your state would then process the claim through the "liable state".