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Texas is one of the few states in the US that does NOT have a STATE INCOME TAX as a result of it's Oil, Gas and other invironmental profit centers. We do however, have to pay Federal Income tax just like anyone else!
spacetut
All I know is, my wife is a loan officer, and while real estate is cheap in texas, they get raped in property taxes
Pepperdine University
property tax in texas is one of the highest. california has low preperty taxes.
listenup_yall
Oh no , we definatley pay taxes here in Texas !
m_b_drapier
Texas residents don't pay state income tax but they are still subject to Federal income taxes, property taxes, sales taxes, etc.
momma
I live in Texas and we do not have a state income tax. However, we are subject to the same Federal tax as everyone else.
We also have extremely high property taxes (almost 3%) and sales tax (8.75), so believe me when I say that it is not that great of savings.
The only real break you get here is that property is not outrageous like it is in CA and NY.... but everything else is more expensive.
Sparkle1
They do not pay personal property taxes like many states.
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