Monday, February 8, 2010

Is it true in Las Vegas that there is no income tax or Federal Tax?

Does this mean the state doesnt take any money from your paycheck? Just curious//Is it true in Las Vegas that there is no income tax or Federal Tax?
Although NV does not have a State income tax, you will ALWAYS pay Federal income taxes. Also, everyone pays Social Security and Medicare taxes.Is it true in Las Vegas that there is no income tax or Federal Tax?
TFTP

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Fed tax applies to everyone in the US. You will get out of state tax, though.
There is always a fed tax.


even in TX
Federal tax applies in LV - they don't have a STATE income tax though. There are several states that don't have a state income tax.
You would still have to settle up with uncle sam. I seem to recall, however, that when you are on some cruises %26amp; there's a casino on the ship the winnings are not reported. I should add that even if income is not reported--technically you are still supposed to self-report.

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