Texas Has No Income Tax, Which Is A Big Draw For Corporate Executives Who Do Business There. But It's Hardly Tax-free. The Property Taxes Are High For A Southern State. The Sales Taxes Are High. One Study Found That The Bottom 20 Percent Of The Texas Population Pays 12 Percent Of Its Income In State And Local Taxes.
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Texas Has No Income Tax, Which Is
Gail Collins
Texas Has No Income Tax, Which Is A Big Draw For Corporate Executives Who Do Business There. But It's Hardly Tax-free. The Property Taxes Are High For A Southern State. The Sales Taxes Are High. One Study Found That The Bottom 20 Percent Of The Texas Population Pays 12 Percent Of Its Income In State And Local Taxes.
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