Personal Finance
Thursday, 6/25, 02:48 PM
Why a Low-Tax State May Not Be Cheaper Once You Factor In Childcare
- Moving to a no-income-tax state can shave a meaningful sum off a household's tax bill.
- But for families with young children, childcare — now averaging more than $13,000 a year, and far more for infants — can dwarf those savings, scrambling the usual map of 'affordable' states.