#state-taxes

#state-taxes

Alabama is an attractive choice for retirees since it does not tax Social Security, combined with its low cost of living, it proves beneficial.

Retirement dreams are built on financial security, and for many, Social Security benefits are the cornerstone. However, many retirees are shocked to find that their benefits can be taxed, both federally and at the state level.

California drivers face a staggering 60 cent state tax, making their pump price $4.88—a notable $1.73 above the national average.

Governor-elect Phil Murphy and other Democratic governors expressed concerns over the GOP tax overhaul, labeling it a divisive measure that would harm high tax states by eliminating the State and Local Tax deduction.