September 15, 2006
How to get the inflation and tax monsters under control
"The Tax Foundation figures Pennsylvania residents have a 10.4 percent state and local tax burden. We didn't even factor that!
As you can see, there's not much left of your investment after inflation and taxes.
So what can your family do? Here are some suggestions.
Consider living in a state that has no income taxes and look for low property taxes. States with the lowest state and local tax burdens, says The Tax Foundation, include Alaska, New Hampshire, Delaware and Tennessee."