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To: kearnyirish2; All

Many years ago, when I lived in NJ, there was no state income tax. Is there a state income tax now? In Florida there is no state income tax, but the hurricane insurance costs are much higher than insurance in other states. I helped my son buy a 3 bedroom house in Miami in 2001 for $120,000. My daughter-in-law tells me the house is now worth $88,000.


38 posted on 03/16/2011 12:45:15 AM PDT by gleeaikin
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To: gleeaikin

NJ - (formerly from until 3 yrs. ago)... 7% sales tax

PA (where I am now) 6% sales tax


39 posted on 03/16/2011 1:35:52 AM PDT by tina07 (In loving memory of my father,WWII Vet. CBI 10/16/42-12/17/45, d. 11/1/85)
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To: gleeaikin

oops, state income tax you asked about...yes to both NJ and PA, not sure of the percentages, but both have the tax


40 posted on 03/16/2011 1:36:45 AM PDT by tina07 (In loving memory of my father,WWII Vet. CBI 10/16/42-12/17/45, d. 11/1/85)
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To: gleeaikin

There has been a state income tax in NJ for as long as I can remember; I don’t know when it went into effect. Florida’s lack of a state income tax is a main reason why many people (military personnel, professional athletes, even Rush Limbaugh) “officially” live in Florida. Rush got into a spat with the governor of NY, who said we didn’t need him up here; he now broadcasts from Florida, and took those millions in NYC and NY State income taxes with him (yes, NYC has an income tax - and they did need him).

As I understand it only part of Florida is impacted by hurricanes.


51 posted on 03/16/2011 3:59:53 AM PDT by kearnyirish2
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