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Carthage
Carthage
Tennessee
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2.5 out of 5 stars based on 0 ratings
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Carthage is a town in and the county seat of Smith County, Tennessee, United States; it is part of the Nashville Metropolitan Statistical Area. The population was 2,306 at the 2010 census. It is located on the Cumberland River, which was important to its early development. It is likely best known as the hometown of former Vice President and Senator Al Gore of the Democratic Party and his father, Senator Albert Gore, Sr. The younger Gore announced his 1988 and 2000 presidential bids, as well as his 1992 vice-presidential bid, from the steps of the Smith County Courthouse.

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Taxes

B+

How did Tennessee earn the grade of B+? We examined the state taxes based on how age friendly they are. Tennessee has a state sales tax of 7.00%. Of particular interest is that Tennessee does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Tennessee has an effective property tax rate of 0.75%. Weighing these taxes and other taxes most likely to impact the aging population is how Tennessee earned its state tax grade of B+.

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