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NICKNAMEThe Cowboy StateTAX-FRIENDLY
Wyoming is a tax haven for cowboys and retirees alike. There is no state income tax. The state sales tax is low. For most property, only 9.5% of market value is subject to tax. Thanks to abundant revenues that the state collects from oil and mineral rights, Wyoming residents shoulder one of the lowest tax burdens in the U.S., according to the Tax Foundation. Read more