SD vs TX residency
Both have no state income tax so why is SD more often a choice for residence for full time RVers?
Forum Discussion
curlysue321 wrote:
Both have no state income tax so why is SD more often a choice for residence for full time RVers?
TN and FL also do not have an income tax. However, about ever 5 to 10 years each including TX have talked about an income tax when the state gov needs some money.
SD has taken a position that they will not have an income tax, No estate tax, and has the (?) most favorable TRUST laws. 20 (?) years ago they made these changes to get credit card companies, banks, and RV's . . :B . . to move to SD.
AK is also trying to get people to move to AK. They have a NEGATIVE income tax. That is the state pays you to live in AK.
