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  2. State tax levels in the United States - Wikipedia

    en.wikipedia.org/wiki/State_tax_levels_in_the...

    Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly.

  3. State income tax - Wikipedia

    en.wikipedia.org/wiki/State_income_tax

    Previously, during a special session in August, 2022, the top personal income tax rate was reduced to 4.9% retroactively effective to January 1, 2022, instead of 2025 as was originally planned while also marking the first time since 1971 that the top income tax rate has been 5.0% or lower.

  4. State Income Tax Rates Explained - AOL

    www.aol.com/finance/state-income-tax-rates...

    Here’s what you need to know about state income tax rates, including states with no income tax. ... South Carolina. 0.00%-3.00% = $0-$6,150. 0.00%-3.00% = $0-$6,150. 4.00%-5.00% = $6,151-$12,310.

  5. South Carolina government and politics - Wikipedia

    en.wikipedia.org/wiki/South_Carolina_government...

    The state's personal income tax has a maximum marginal tax rate of 7 percent on taxable income of $13,351 and above. [16] State sales tax revenues are used exclusively for education. South Carolina has a 6% state sales tax, but when combined with local and county taxes, South Carolina has the second-highest sales tax in the United States next ...

  6. Here’s the Income Tax in Every State - AOL

    www.aol.com/income-tax-every-state-130111174.html

    Where you live plays a major role in how much you'll pay in state income taxes. Some states, like Alaska and Florida, don't levy individual income tax at all. Others, like California and Hawaii ...

  7. State Income Tax Rates for 2023-2024 - AOL

    www.aol.com/state-income-tax-rates-2023...

    The federal income tax collected by the IRS applies to all Americans regardless of where you live, but the rules for state income tax rates and how those taxes are paid can be vastly different.

  8. South Carolina - Wikipedia

    en.wikipedia.org/wiki/South_Carolina

    As the 21st century progresses, South Carolina has attracted new business by having a 5% corporate income tax rate, no state property tax, no local income tax, no inventory tax, no sales tax on manufacturing equipment, industrial power or materials for finished products; no wholesale tax, and no unitary tax on worldwide profits. [48]

  9. 13 states that don’t tax your retirement income - AOL

    www.aol.com/finance/13-states-don-t-tax...

    Beginning in 2023, Iowa residents over the age of 55 are no longer taxed on their retirement income thanks to a 2022 law. Iowa state income tax rates range from 4.4 percent to 5.7 percent in 2024 ...

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