Sunday, April 21, 2013

Texas has one of Lowest Tax Burdens in United States

Texas has one of Lowest Tax Burdens in United States

Harlingen, TX has many benefits for prospective businesses. One major consideration for any employer is the cost of doing business and the State of Texas boasts great benefits for taxpayers.
  • Texas has one of the lowest tax burdens in the U.S., 28 percent less than the national average.
  • Texas has no personal or corporate income tax.
  • There is no state tax on property used for pollution control.
  • There is no state tax on goods in transit.
  • There is no state tax on machinery and equipment utilized in manufacturing.
Harlingen, Texas, with no personal income tax, low property tax rates and its close location to the U.S.-Mexico border is poised for rapid growth and economic development.

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