In Arkansas we get a standard deduction of $23 for a single person. Wow, we finally got an increase from $20. But we are taxed for everything imaginable. Even Federal Refund is considered taxable income here. (Yep, tax your taxes!)
I am curious at what other states gives individuals for a standard deduction.
you're referring to your state income taxes, correct?
florida, we have no state income taxes.
Correct! State Income Tax. I lived in Texas for a while back in the early 80's. No State tax and loved it. But it was expensive to live there.
Overall cost of living is way cheaper here in Arkansas, but there are taxes on everything and Legislators looking for more ways to tax every session.
No state taxes,but high sales tax and low wages, if your lucky enough to be employed.
for Califonia-- 2009 standard deductions
1 - Single $3,637
2 - Married/Registered Domestic Partner filing joint return $7,274
3 - Married/Registered Domestic Partner filing separate return $3,637
4 - Head of household $7,274
5 - Qualifying widow(er) $7,274
I am sure the cost of living is higher for the both of you than it is in Arkansas. Since we get no real deductions actually, I was curious about other states. Sounds like Arkansas is not the best place to be tax-wise. lol
Here's a comparison of all the states. Arkansas appears to be a little above average, but certainly nowhere near the top.
http://www.taxfoundation.org/files/stat … 091123.swf
by Alex J. Reissig 5 years ago
Would you support a flat 15% income tax?Would you support a flat 15% income tax in this country? Other than a personal deduction (possibly in the neighborhood of 25k per individual/50k per couple) there would be no deductions.
by Cindy Pierre 5 years ago
Could a flat tax work if it was implemented with exceptions?If a flat tax was implemented having exclusions like food, but a higher rate on luxury items would it work?
by ngureco 7 years ago
How Do You Calculate Income Tax Payable?
by Susan Reid 5 years ago
The Gish Gallup. Who knew?http://www.dailykos.com/story/2012/10/0 … ish-Gallop
by SparklingJewel 10 years ago
another issue I am learning more about. I have been a self-employed single parent for over a decade and my income level hasn't changed much...and its not because I don't work hard! How would FairTax affect me?
by Clive Donegal 6 years ago
What constitutes our obligation to others?Is doing no harm sufficient or does each of us have an obligation to actively reach out to help others?Do you think that those who believe in a hereafter are more inclined to be philanthopic than those who do not?Is altruism natural or is it learned...
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|