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Old 02-20-2014, 04:09 PM
 
Location: Idaho
6,357 posts, read 7,768,830 times
Reputation: 14183

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In case someone doesn't already know this. It's a long article, but quoted in part below.

Quote:
1. Cheyenne, Wyo.
> Taxes for family earning $25,000: $2,476 (5th lowest)
> Taxes for family earning $150,000: $6,307 (the lowest)
> Unemployment rate: 6.1%
Cheyenne had the lowest tax burden of any state in the nation, and not only because Wyoming had no state income tax. The total sales tax rate of just 6.0% in Cheyenne, which was lower than in most comparable cities, contributed to the the low sales tax burden in the city. Wyoming residents also paid just 14 cents in state taxes per gallon on gas, one of the lowest rates in the U.S. and a major reason why tax burdens on car ownership were towards the low-end. Additionally, Cheyenne’s effective property tax rate of 0.67% was among the lowest in the nation. Low tax rates on families in the city and the state may be tied to Wyoming’s energy industry. The state is the nation’s largest producer of coal, as well as a sizable producer of oil and natural gas, and taxes from these industries help the state fill its coffers.

from Cities with highest (and lowest) taxes - Yahoo Finance who took it from Cities with Highest (and Lowest) Taxes - 24/7 Wall St.
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Old 02-20-2014, 04:10 PM
 
Location: Idaho
6,357 posts, read 7,768,830 times
Reputation: 14183
Poorly written. Didn't know that Cheyenne was a "state", (very first sentence).
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Old 02-20-2014, 10:40 PM
 
11,555 posts, read 53,182,360 times
Reputation: 16349
Wondering when this "survey" was completed ...

State sales tax per gallon of gas went up to 24 cents/gallon back in July 2013, not 14 cents now.

Cheyenne has had additional voter approved spending which added another 1% to the sales tax burden. While it may be at the 6% level right now, the push to fund new projects will likley again see that "7th penny" sales tax back in place in the near term. I know it was at 7% not that long ago when I had to pay that on a vehicle purchase ....
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