Artic Tax

Are you sick and tired of having your hard earned money sucked out of your paycheck? Do you enjoy snow and cold weather? If you answered YES to the first two questiond, then you may want to consider Alaska, as your State of residence.

For the 17th year in a row, the largest an most western State in the USA, has earned the convted distinction of being America's most tax-friendly state. Every year teh Tax Foundation publishes its report on the each states' tax burden.

Comparing the average taxpayer's total state and local tax burden for 2006 in each of the 50 states and the District of Columbia, Alaska residents had the lightest tax burden in the entire Country.

The numbers are tabulated by calculating the sum total that residents pay in state and local income taxes, property taxes, sales taxes, food taxes, clothing taxes,luxury taxes and fuel taxes, and just about any other taxable item you can think of. It also factors in the portion of business taxes passed along to state residents through higher prices, lower wages or lower profits. The wizards over there crunch all of the numbers.

Alaska? Alaskan do not pay income or state sales tax of any kind. Additionally, most Alankan's actually receive a tax refunds from the IRS, because of the excess revenue it collects from companies extracting oil from the state. The overall tax burden of Alaka is 6.6%, compared to Vermontians who fork over a whopping 41.1%.

So when its time to retire, forget Florida, and think Alaska