No income taxes and low property taxes help to make Nevada one of the most financially friendly places to settle down. Retirees also reap the benefits of the tax law because Social Security checks and similar retirement funds are also non-taxable. The sales tax leaves something to be desired at about 8%, however, but groceries are exempt from the levy. Moderate gas taxes make up the difference slightly, though you should look into Nevada's government services rate on vehicles.

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