State Income and Sales Tax Comparison

For a state-by-state comparison of income and sales taxes, check out this article on Bankrate.com

When someone who lives in a state with a income tax is about to sell a multi-million dollar piece of appreciated property located in an income tax free state (such as Florida), sometimes it makes sense to consider relocating, at least for a year or so, to that state.  But, the move would have to be a true change of domicile, involving a new drivers license, vehicle registration, voter registration, etc.

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