The 8 Most Tax-Friendly States in the U.S.

Photo by Jon Bilous from Shutterstock | CONCORD, NEW HAMPSHIRE

7. NEW HAMPSHIRE

  • State income tax: None on earned income
  • Average property tax: $2,296 in taxes / $100,000 of assessed home value
  • Average state and local sales tax: None
  • Gas taxes and fees: $0.2383 / gallon

New Hampshire, also known as the Granite State has a limited income tax—it only applies to interest income and dividend. Also, sales tax doesn’t exist here. Plus, making road trips should be the best thing to do in your free time, as gas taxes are very low. In fact, 23.83 cents per gallon is well below the national average.

So, how does the Granite State make its money? New Hampshire digs a big hole in your pocket for property taxes. Not the land of milk and honey after all…. but it’s far better than other states such as New York and Connecticut.

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