March 28, 2016 • Page 15 of 15
No. 1 Vermont
Vermont comes in at number one with an income tax that ranges from 3.55 percent to 8.95 percent and a 6 percent sales tax. Most retirement income is taxed, including Social Security. Vermont now limits deductions to $15,750 for single residents and $31,500 for married couples. Local jurisdictions can add 1 percent to the state sales tax. The median property tax on the state's median home value of $218,300 is $3,727, the ninth highest in the U.S., according to the Tax Foundation. First « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 » Next
Vermont comes in at number one with an income tax that ranges from 3.55 percent to 8.95 percent and a 6 percent sales tax. Most retirement income is taxed, including Social Security. Vermont now limits deductions to $15,750 for single residents and $31,500 for married couples. Local jurisdictions can add 1 percent to the state sales tax. The median property tax on the state's median home value of $218,300 is $3,727, the ninth highest in the U.S., according to the Tax Foundation.
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