The Hall tax was established by action of the Tennessee General Assembly in 1929, by Chapter 86, Public Acts of 1929, enacted on April 10, 1929. It is named for Frank S. Hall, the state senator who sponsored the legislation.
It's a great question to ask -- especially while you pore over tax forms this year. 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.
There are a lot of reasons to love New York â taxes arenât one of them. The state has the highest tax burden compared to other states, according a new WalletHub report. The personal-finance website compared the 50 states by property taxes, individual income taxes and sales and excise taxes for its 2017 Tax Burden by State report. Hawaii, Vermont and Maine follow New York on the list with high taxes. When looking at only property tax, New Hampshire rose to No. 1 for highest property tax as a percentage of personal income. States ranked for the lowest tax burdens are Delaware, Alaska, Tennessee and Oklahoma.