Out of the fifty states, only nine do not impose any income tax on its residents. Florida is one of them (one of the reasons I live here). So should you move over to live in one of these states? Well, that depends on your lifestyle. You see, if the states do not tax your personal income, they have got to derive their revenue from somewhere. So in Florida and the other eight states, taxes come in the form of property, sales, business and other taxes.
Want to know which states do not tax their residents' personal income? Read more about the nine states with no income tax.