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To: Melas

The state gets its money either way. No income tax = higher property and sales tax.”

Look at the tax situation another way. Colorado taxes you on the money you make, Texas taxes you on the money you spend. I’ll take our “no state income tax”.


35 posted on 10/21/2012 7:23:31 AM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: Grams A

Live in WA, shop in OR.


37 posted on 10/21/2012 7:31:21 AM PDT by Paladin2
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To: Grams A
Look at the tax situation another way. Colorado taxes you on the money you make, Texas taxes you on the money you spend. I’ll take our “no state income tax”.

Were I so wealthy that there was a marked difference between what I make and what I spend, that would certainly be a fair point. For the vast majority of us though, savings are meager and we spend what we make to survive. For people in my income bracket (which more than double the median btw) it's a push. The higher housing costs in Texas paid by in property taxes or passed on to the renter make it a push. The higher sales tax and fewer exempt items in Texas, probably make the tax burden in Texas slightly higher.

40 posted on 10/21/2012 7:37:51 AM PDT by Melas (u)
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