Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: xkaydet65

It would be interesting, to see the total tax burden people have in different places.

For example, we see NYC property taxes are actually lower than many places, but, they have a city income tax, which most places don’t have. So do New Yorkers pay more taxes than other places, when you take those differences into account?

California’s property taxes are capped due to Proposition 13 at 1% of market value, plus an increase of up to 2% per year if real estate values go up. Which is a lower rate than many places. Yet California is a high tax state, due mainly to high state income taxes on high income earners, plus high gas taxes.

I don’t know if anyone has ever done a study of total tax burdens in different places, but it would be interesting to see.


27 posted on 04/23/2017 9:41:25 AM PDT by Dilbert San Diego
[ Post Reply | Private Reply | To 20 | View Replies ]


To: Dilbert San Diego
It would be interesting, to see the total tax burden people have in different places. For example, we see NYC property taxes are actually lower than many places, but, they have a city income tax, which most places don’t have. So do New Yorkers pay more taxes than other places, when you take those differences into account?

I was surprised when I lived in NC for a period of time that NC has a expensive property tax on cars, while NYS doesn't have any.

33 posted on 04/23/2017 9:45:57 AM PDT by FreeReign
[ Post Reply | Private Reply | To 27 | View Replies ]

To: Dilbert San Diego

In answer about NYC taxes. When we moved to Long Island our tax burden increased as our combined income abd property tax was lower than our Long Island property tax. Since most of that tax went to schools we felt it was worth it. As NYC teachers we didnt want our daughter in NYC schools and the cost of Catholic School was high. Since they had moremoney the LI schools must be better. Mistake. After sending our daughter to the locals schools from 3rd to 8th we felt it necessary to send her to Catholic Hs despite the extra cost.


53 posted on 04/23/2017 2:27:07 PM PDT by xkaydet65
[ Post Reply | Private Reply | To 27 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson