Does your state have an income tax

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Reference no: EM133267328

Assignment:

Does your state have an income tax? What percentage of your income do you have to pay in state income tax? What about property taxes and sales taxes? How do these taxes in your area compare to those in four other states and communities of your choice? Lastly, NYC residents pay some of the nation's highest local income tax rates. The Independent Democratic Conference in the state Senate is calling for elimination of New York City's income tax on residents who make less than $50,000. Do some research and provide a summary on NYC's income tax rates in general and the call for the elimination specifically. Your personal opinion and/or observations on this issue are also required.

Reference no: EM133267328

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