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Low Cost of Living and Low Taxes Has Americans Flocking to Las Vegas
Besides luxurious housing and an abundance of world-class amenities, what attracts people to Las Vegas are the low tax rates the residents of this state have the privilege to enjoy! The state of Nevada ranks number five for the lowest state and local tax in the United States, making it a great location for those looking to cut their expenses in terms of tax payments.
 
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The tax levels in Nevada are even lower than those of Utah and Arizona. A household with median yearly income pays only a bit over 4000$ a year in taxes. While it ranks great compared to other states when it comes t income tax and state and local taxes, the state ranks 12 for sales and excise taxes and it is quite average in terms of real estate and vehicle taxes.
However, Nevada is still one of the most desirable states to live in. Before we get in-depth on why Las Vegas in particular has become the ultimate migration destination in the United States, let’s cover the statistics:
 
The average annual state and local tax equals to 4161$       The effective state and local tax equals to 7.72%       The difference between state and national average ... more

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