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States with No Estate Taxes or Inheritance Taxes

States with No Estate Taxes or Inheritance Taxes

by | Feb 24, 2021 | Taxes

New Mexico Getty Images Overall Rating for Taxes on Retirees: Not tax-friendly. Sales Tax: 5.125% state levy. Localities can add as much as 4.313%, and the average combined rate is 7.83%, according to the Tax Foundation. New Mexico’s tax is a gross...