10 States Where You Pay Less Taxes


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5) Louisiana

Louisiana’s state income tax is very minimal, with the highest tax bracket having a rate of only 6% which starts at $50,000 for single filers and $100,000 a year for married couples. Gas taxes are only 20 cents per gallon, 10 cents below national average. Just like Alabama, Louisiana residents can deduct their federal income taxes from their taxable income for state income taxes. They boast the third-lowest property tax and have a low sales tax of only 4%. However, the one downside is that local jurisdictions can add taxes that combine to make the total sales tax rate equal 11% which is startlingly high. However, with all of the other tax breaks you would be receiving, you may be able to overlook this fact easily. [adrotate group=”3″]

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