How States Tax Retirees – Alaska
Wow, Alaska is VERY favorable from a tax perspective for retirees!
NO sales tax. NO income tax. First $150k of ASSESSED value of your home exempted for folks over 65 and widow(er)s over 60.
Gas tax is very low.
Property taxes aren’t low, but they’re not extraordinary like in Texas or New Hampshire.
So, other than having to deal with the cold, you’d be hard pressed to beat Alaska from a tax perspective.
Now the question is: How much does it cost to heat one’s home?? Something tells me, heat pumps and Solar panels, thermal or PV, are not going to be sufficient!
© Copyright 2018 Heritage Wealth Planning