|Posted: August 6, 2007, 12:33 am - IP Logged|
MA has the best lottery in the country from what I read (as far as revs are concerned). They did lower the prize money % when the Republicans took over the lottery.
However, MA taxes haven't been super high in years.
CA - 9.3% on taxable income of $43,468 and above. California's minimum combined state, county and local sales and use tax increased to 7.25 percent (6.25 state-only portion)
MA - A 5.3% rate that applies to wages, interest and dividends and long-term capital gains. 5% sales tax.
DE - 5.55% on taxable income between $25,001 and $60,000 and 5.95% on taxable over $60,000. No sales tax.
NY - 6.85% on taxable income of $20,001 and above. State Sales tax rate is 4 percent. Local rates vary, meaning the combined sales tax rate could be more than 7 percent in some areas.
CT - For married filing jointly taxpayers and surviving spouses, 3% on the first $20,000; 5% on the remaining income. For head of household taxpayers, 3% on the first $16,000; 5% on the remaining income. Connecticut levies a 6 percent state sales tax on the retail sale, lease or rental of most goods.
FL - Florida residents pay no personal income tax. 6% Sales tax.
IL - Illinois taxpayers calculate their state liability by multiplying income by a flat rate, currently 3 percent. Illinois' sales tax rate for general merchandise is 6.25 percent. A reduced rate of 1 percent applies to qualifying food, drugs and medical appliances.