Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Few U.S. states depend completely on deals charges for state income, as those states don't demand a state personal expense. Such states will more
Few U.S. states depend completely on deals charges for state income, as those states don't demand a state personal expense. Such states will more often than not have a moderate to a lot of the travel industry or between state travel that happens inside their nation, permitting the state to profit from charges from individuals the state would somehow or another not charge. Along these lines, the state can diminish the taxation rate on its residents. The U.S. states that don't collect a state annual expense are Alaska, Tennessee, Florida, Nevada, South Dakota, Texas, [19] Washington state, and Wyoming. Moreover, New Hampshire and Tennessee duty state personal assessments just on profits and interest pay. Of the above states, just Alaska and New Hampshire don't require a state deals charge. Extra data can be acquired at the Federation of Tax Administrators site.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started