The Best States To Retire Are Bella Vista, Texas,Ocean Pines, Md .Peoria, Ariz. Port Charlotte, Fla. Wenatchee, Wash. The Villages, Fla.

Seven u.S. States currently don't have an income tax: Alaska, Florida, Nevada,South Dakota, Texas, Washington and Wyoming. And residents of new Hampshire and Tennessee are also spared from handing over an extra chunk of their paycheck on April 15, though they do pay tax on dividends and income from investments.

Inventory is the most common business PPT Exemption. Seven states (Arkansas, Kentucky, Louisiana, Mississippi, Oklahoma, Texas and West virginia) still tax most inventory. In Alaska, Maryland, Vermont and Virginia, inventory is taxed by some local jurisdictions.