Kiplingers Look at Where to Retire. State comparison based on Sales and Income Taxes
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Wed, 09/23/2009 - 10:07am
Even in retirement, you still have income (and assets) subject to taxes. Different states have different tax policies that significantly affect retirees. You may face income tax on Social Security benefits, pensions and investment income; sales tax on your purchases, with exemptions in some states on items such as prescription drugs, medical expenses, food and fuel; and property taxes.
Wed, 09/23/2009 - 11:56am
#2
He sort of forgets to compare states by how much of that income is exempt from state income tax....In Idaho, its over $50K after age 65
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Slowly running out of options. NH is the only state left in the NE that offers a good retirement opportunity, but I fear with the liberals taking over there it won't last long at all.