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Tag: Income Tax Texas
Do You Have to Pay City Taxes in Texas
Taxes in Texas Texas is well known for having no state income tax, but many residents still wonder whether cities or local governments can impose their own income or payroll taxes. The answer is no. Texas cities cannot levy individual income taxes. However, local governments do collect other types of taxes such as sales tax, […]
Why Texas Has No State Income Tax & How It Benefits You
Texas Has No State Income Tax Texas has no state personal income tax. That means individuals who live and earn income in Texas do not pay a state tax on wages, salaries, retirement distributions or investment income. This feature makes Texas unique among states and carries benefits and trade-offs for residents. Legal Basis: Why Texas […]