Asked by Filip Horá?ek on May 07, 2024
Verified
Some states do not have a state income tax.
State Income Tax
A tax levied on income by some states, where the tax rate can vary by state and is applied to income earned by residents and sometimes nonresidents working in the state.
- Comprehend the variances in how federal and state/local governments source their funds and allocate their budgets.
Verified Answer
MB
Mahsa BadriMay 14, 2024
Final Answer :
True
Explanation :
Several states in the United States, such as Florida, Texas, and Nevada, do not impose a state income tax on individuals.
Learning Objectives
- Comprehend the variances in how federal and state/local governments source their funds and allocate their budgets.
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