I do appreciate tax breaks but navigating loopholes feels dangerous. How can I ensure I'm taking advantage of tax-advantaged investment structures without potentially encountering unintended consequences?

We moved to NH from NJ a few years ago between property, sales and income taxes we have about 20% more take home pay a year.

I think you should do a video on the overall tax load. Income taxes in one state might be more than offset by other taxes and fees in another.

BORN FREE, TAXED TO DEATH! My motto! 🙄🙄🙄

Washington is NOT tax friendly. It has high business taxes. Property tax DOES effect renters. It gets passed on.

I like the fact that Oregon has ZERO sales tax, and I want it to stay that way!

I live in Oregon now used to live in Texas. Much cheaper in utilities, no sales tax, property taxes on my house in Texas was 13%-15% of my pay. In Oregon I pay 2800 in property tax. And when I moved my pay went up by $11 more an hour. My house payment is less in Oregon than Texas. Texas also house much higher rates on homeowners insurance and car insurance than Oregon due to all the hail storms. And my electric bill and water bill was 3 times the amount in Texas due to the extensive heat throughout the year. Left Texas and will not go back. No state income tax is not all that it is cracked up to be.

NH is gorgeous but cold! FL is great but really hot. Those are the only two I would consider on this list. Great information! Thanks 👍😊

When we moved to Florida in 2005, my first check had no State tax. I cleared $700 more a month. When in Ky I paid taxes out the wazoo.

Every state I have visited with no income tax, there were fees on everything. FL has tolls on every road that gets you somewhere fast. And they are careful to not use the word "tax", but charge fees for everything in schools, building supplies, everything. Give me a tax system, where at least the citizens who vote have a say.

Just because there are no income taxes, I live in Nevada, but they often make them up elsewhere. When I first moved here groceries were taxed. A couple years later the legislature removed it. If you are thinking of moving to one, research all the taxes in that state and how they will affect you.

I'm in the process of making a spreadsheet of states and the traits that are important to me. Your videos give me a lot of good information and starting points for research. Thanks!

The DMV license plate tags in Tennessee are only 29 bucks a year.

I think living in a state with no income state tax is better because most other types of tax are about spending. I can control what I buy, which means I can control the amount of tax I pay out.

When I lived in Alaska that yearly check was great because I had 4 kids and a wife. That means I got 6 checks each year and that took care of all of my other taxes like property tax etc.

Renters pay property tax, just indirectly. It’s an expense to the landlord who just passes the cost along in the rent.

The cost of goods in Alaska is very high. Grocery prices are triple or quadruple what they are in the lower 48.

When you’re retired your income is obviously much less and if it’s mostly social security which is non taxable in most states. What retirees should be looking for is low property taxes not income taxes.

We need one on states not taxing social security….

Those states without a personal income tax make up for it with other forms of taxation.

You Rock Briggs you Rock Blessings from Redondo Beach CA 🏖️

I'm in Illinois! Any of these sound wonderful!!

Moved to WY from CA 4 years ago. WOW what a difference in bring home income.

I’m moving from MD to WA. I hate paying the high property taxes and state income taxes in MD. The state motto should be, “Maryland, if we could tax it, we would.” Do you know that if you buy a new car in one state and paid 3-4K on the sales tax, once you move to MD, you still need to pay the 6-7% tax on the vehicle again? Ouch.

No matter how liberal you or your state might be, everyone's a Republican when it comes to their own taxes.

*_Love to see a chart from 1 to 50 of the best tax friendly state so I know where my state ranks..._*

They make up for it in other ways. Believe me. I've lived in both.

Great timing! just trying to find a place I can move to w/o income tax :-)

Driving through Tennessee from Ohio the first thing you notice is the high sales tax especially on fast food which isn't taxed in Ohio if you take it to go.

hey, Briggs. would you consider videos on weather in different areas?

Tennessee also taxes groceries, which is why so many of them migrate north into Kentucky on payday to shop, as we do not tax groceries. And our sales tax is 6%. And regarding South Dakota, a neighbor of mine moved back there a few years ago, and he tells me that real estate is through the roof as outsiders moving there are driving the prices up. Same thing with the metro areas of Tennessee, with Nashville being stupid high.

Defected from Californica 17 yrs ago to Florida.....2% COLA has increased my income quite a bit....Just guessing, but figure I've saved upwards of $100K of CA tax since defecting in 2004....

Sales tax, property tax, and income tax must all be taken into account for your personal situation. I have worked it out, and we pay less taxes in CA than we would in TX. As a resident of San Jose CA, I constantly see stuff on the internet that does not match my daily life. There is no poop or hypodermic needles in the streets, there are homeless in certain places, but aren't there in every place that has a survivable winter? I did the math, and a person making $100,000 a year with a $500,000 house pays about the same in TX and CA, because TX property taxes are twice CA. Being retired, I don't buy much, so sales tax is unimportant, and my $1.3M house would cost over $1000 a month more in property taxes. CA does not tax social security. So CA may have a rep as high tax, and it is, but not so much as you might think depending on your situation. Real estate costs way more, but TX is catching up due to economic success, same as CA. Plus in CA, our electrical grid doesn't fail statewide for multiple days. Those high taxes pay for many wonderful parks near me where I go every week. The climate and culture are wonderful. I look at articles about where to retire, and I never find a place that matches CA. CA has its problems, so do TX and other red states. The idea that CA is a hellhole because it is blue is wrong. The govt does not control nearly as much as those who would condemn a place because it is politically distateful to them would have you believe. Most of it is baked in the cake, politicians just take credit or deflect blame. My nephew works in Corpus Christi and came out for vacation. We spent 3 days walking through many neighborhoods in SF and there was no evidence of the hellhole his co-wiorkers warned him about. He said they wouldn't believe him when he told them that. Their attitude is not based on dispassionate fact gathering, it is based on tribal politics motivated reasoning.

I live in both WA and AZ. Although no income tax in WA, they have high fees on everything. They even make you pay an additional $140 on top of annual vehicle registration if you have an electric car.

Great info! Alaska: is it true that even if there's no sales tax, things cost quite a bit more because they have to haul most everything from mainland U.S.?

I’m no fan of state income taxes. That being said taxes paid are an amalgamation of income tax, sales tax, property taxes, and other taxes and fees. Politicians always want more money

Alaska also has: free hunting, fishing and trapping licenses for residents once they reach 60. When you reach 65 you can get a Permanent Registration sticker for one vehicle. Also, when you reach 65, you can get a Tax Exempt status which eliminates sales tax on food and property. (Possibly on prescription drugs too, but I get mine through the VA so I'm not sure about that.) Love the channel!

Briggs, You Only Named 9 States Total Not 10: Wyoming, Washington State, Texas Tennessee, South Dakota New Hampshire, Nevada, Florida, Alaska Thanks Again, NYC

Property tax in Austin and the surrounding suburbs on just the median home has doubled since 2010 to around $8,000/yr.

welcome from Hungary, where sales taxes are 27%, and income taxes are 35-40% :D This is a Bear Grylls kinda challenge to live here :D

Being taxed on consumption versus on income means having greater control over how much tax you pay. Paying tax on groceries in Tennessee is more than offset by the much lower cost of housing and energy.

So we went to Honesdale last Sept and Johnson City, TN, this Sept. leaning towards TN (NorthEast only) due to having the same climate as I currently enjoy. Honesdale is one zone cooler and more cloudy days. Plus it was a bit too difficult to find level land to even build a garden. Loved the meat store in town though! Have you gotten any closer to finding your retirement spot, Briggs? We are the same age. Thanks!!

Please stay out of Texas. It is beginning to get too crowded here.

The tax burden thing only really affects you if you’re moving from a HIGH tax place like CA. Otherwise, you’re not gonna see much difference in your wallet. If you have a large amount of money, by all means head to your closest tax haven.

Vancouver Wa. No income tax. Close enough to Oregon for no sales tax.

Can you do a list of highest taxes- love your channel & ty for all the you do for our entertainment

Living here in Nevada they make up for that state income tax by having government tax fees when you register your car. When I got my 2019 civic I had to pay $360 for Registration for just 1 year.

Hubby and I live in a Very Small 'Village' in SW Ohio---believe it or not, we are frickin' GOUGED on property taxes every year. Thank the Lord our mortgage is paid off.

My Florida property tax went down this year, and is still less than a month's apartment rent in San Diego.

Hmm, New Hampshire with no state income or sales tax sounds really attractive...but I don't think I'd last through one winter. 😩

I lived in Las Vegas and Im from NYC. They both have pros and cons.

The tax burden falls on land owners. You own land, you pay LOTS of tax. And while there may be no income tax per se, they love FEES. Fees are NOT tax and so they get away with saying it is not adding tax or creating new tax burdens because FEES are your input into whatever financial pot they want money for. For instance, One fee among many that I see on my electric bill is a research and development fee with a rather professional and pretty name which basically charges me to input money into THEIR cookie jar for things they MAY want to do. Don’t bother calling them up and complaining, they will just tell you to get your electric from somewhere else…and if you are rural those choices are slim to none. Income tax free states are for anyone not planning on having kids or owning a home.

I live in California, I hate it even more now......

The real housewives of Wyoming! 😆😂😁

You get what you pay for. No taxes, no public services or good schools.

States with no income tax have very high real estate property taxes.

Now, this is a wonderful Video!🔥🔥🔥

I'm in Ohio...there's state income tax and in my county there's an 8.5% sales tax on EVERYTHING. Some of the sales tax is a "temporary tax" enacted like 20 years ago to pay for new stadiums to benefit the rich team owners...it's a permanent temporary tax...

THANKS, AND HAPPY SUNDAY BRIGGS!! 😃👍🌴

While car shopping, I learned location counts in the Silver State. For example, taxes were cheaper in Carson City as compared to Reno.

Thanks Briggs, for the info you provide. Just so we can make informed decisions on moving to another State!

That's why I hate your Oregon, too taxed for retirees. Nevada where I live it's great.

Being a senior over 65 I get a big property tax exemption on our primary residence. We have a modern modest home and we pay nothing.

Just because you rent it doesn't mean that you don't pay taxes. The landlord figures the taxes into your rent otherwise they would have to pay the taxes.

Would have like to see fuel tax included in the video. Washington really sticks it to us.

First off love your channels. Here goes: I am 65 yr old and on social security as my only income. Now I am a retired RN that worked over 45 years in health care so I do make more than 1500$ a month but only by a few hundred. Where in lies the problem I don't qualify for any state aid as I make too much BUT I am living below the poverty level based on your great series on poverty levels in each state. Soooo (shrug)

I have a friend in Alaska! My best friends brother! It's the oil subsidies, but you have to spend 6 months there to get it! Went there in 94! Simply amazing!! Always tell them I'm coming back, but life gets in the way.

don’t let this fool you, texas has one of the highest property taxes, high sales tax and lower & middle class people get taxed at a higher rate than high-middle & high income individuals. texas and washington are the states with the highest tax rate inequalities. most tax friendly state? delaware

Lots of us in Texas find that property tax debilitating. Eventually as the appraising districts keep adding the annual nearly 10% valuation, the property tax just gets out of hand. I will get priced out of the home I own simply due to property taxes at some point.

Be careful moving to Texas some areas have VERY high property tax.

Tennessee has no income tax, but very poor public schools.

California has some of the highest income tax and it has horrible infrastructure and the school system is horrible. Also a lot of the tax that is supposed to go to fixing the roads does not. California also taxes the groceries as well. If there is something to tax Gavinewsom will make a tax for it even if its illegal.

From South Dakota real estate is getting high here from out of state people buying here. Which makes hard for the locals to afford since wages in South Dakota are low. A buddy of mine told a person who moved here from another state that’s fine but do not bring your friends with. Yes the school systems struggle here keeping teachers and other funding. Our teachers are one of lowest paid in the nation.

NV has a fairly high sales tax but no State Tax. No tax on food. Briggs, you'd like Veteran exemptions on Property Tax and auto tax for Veterans. No SSA tax. Right now, the rental and housing market is really expensive, but it changes. Come on down! I wish you would! I am sure you'd find more good things.

Watching this from the Netherlands where we pay 21 percent tax on groceries

Tennessee sales tax is INSANE! i have lived here 6 years and still get sticker shock.

How about lowest property taxes? There's the one I hear every day from my other half....

Property taxes in Texas are obscene. Depending on your city and school district (they are separate entities) you can easily pay $13K /yr on a $500K house.

Opinions are like A-holes. Now I need to move out of New York. Thanks for posting this video. 👍

These 'no income tax states' make up for it with very high property tax and sales tax...there are no free rides in any state!

Don’t New York my Florida.

I spent most of my life living in Texas, Washington, Alaska, and Wyoming. It is strange to me that states actually have an income tax. Washington State has a new income tax coming in 2022, though.

Delaware does not impose a state or local sales tax, but does impose a gross receipts tax on the seller of goods (tangible or otherwise) or provider of services in the state.

Income tax was never supposed to be permanent and taxes for schools and streets it's still supposed to come from sales taxes from businesses and corporations....

Happy in NH. PS: Could I see more of the S. Dakota Gov.?

I moved from CA to OR. Holy shit I thought CA was high in income. I often pay more to Oregon each paycheck than to federal. The no sales tax is really the great part.

A lot of people live in Washington state, but close enough to the Oregon border (they have no sales tax) so they can shop there and get the best of both.

Great video, you did it again. Any chance on doing a video of the migratory habits of various groups of snowbirds. I’ve considered buying a cheap mobile home in two places and moving back and forth every 6 months. For example there is a community in Niland Ca called Fountain of Youth (mobile homes and fancy RV’s) that seems to have the same crowd going there every winter. They all know each other.

Texas...I will stay here thank you very much 😊

As a female - THANK YOU SO MUCH for how you handled the hot governor comments. Looks aren't the only thing that matters and I appreciate you tastefully calling out the bullsh*t

No income tax doesn't mean less tax burden. One example is California's tax burden on the middle class is the 9th lowest in the country whereas Texas doesn't even make the top 10. If you're the 1%, then Texas does have one of the best tax burdens on the wealthy.

With no income tax, low cost of living and low heat bills North Florida is the cheapest place in America to live

Total tax burden: Wallet Hub has 2 states over 10%(NY&HA over 12) and 2 states below 6%(AK&TN). Throw them out and the maximum difference is 4%. Not inconsiderable but worth moving? Maybe not financially, but emotional well being is important. You get one life. Do what you really want.

I don't understand why they remove income taxes, but they keep property taxes. I would prefer to keep the income tax and have the property taxes removed. Is any state in the future going to do something like this?

In Sweden we pay around 40% in income tax, 25% sales tax, and on fuel around 65%. We keep about 30-40% of our money here..

Tax on food was the first thing I noticed moving from Ohio to TN. Food is taxed at 6.75% in Bedford county where I live. Other grocery store items are taxed at 9.75%.

For clarification, Texas has the 7th highest property tax rate in the nation(he phrased it weirdly). Also with TX, you're almost guaranteed to pay 8.25 in sales tax, deal with an over-inflated RE market, and severely congested roads in every mid-sized city. Gas and electricity are modest I suppose, but mover beware.

The only state on this list I want to move to is Florida.

All states have no income tax but most of them threaten you if you don't give them money.

Thank you . Pls do a list of best up coming states in the US. future places to invest or to move the next 10 years