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

To: backwoods-engineer

It’s always interesting to hear people from no income tax states brag on how cheap their respective states are, but then you look at all the other various and sundry taxes and fees, and come to realize that a state government is going to get it’s pound of flesh somehow.

In Texas, it’s New Jersey level property tax rates. In Washington, you absolutely get nailed registering a car. And, so on. I pay a state sales tax in NC and I pay income tax. However, my property tax on a 3 bedroom, two bath 1,600 square foot house on over an acre is about $750. Vehicles are very cheap to register and tax is minimal. What about your current state of residence?


128 posted on 12/08/2016 10:10:26 AM PST by RegulatorCountry
[ Post Reply | Private Reply | To 122 | View Replies ]


To: RegulatorCountry

Yes, we get nailed by property taxes in Texas. But they get to build multi million dollar football stadiums for the chilren.
Yes that burns pretty bad to see public money wasted on football stadiums.
McKinney and Plano have 100 million $ stadiums, but they need better.
Taxes keep getting raised. There will be a breaking point somewhere.


134 posted on 12/08/2016 10:23:06 AM PST by 9422WMR (President Trump, I like the sound of that!)
[ Post Reply | Private Reply | To 128 | View Replies ]

To: RegulatorCountry
For state income tax purposes, it doesn't matter where your headquarters are located. A state income tax is based on how much revenue is generated in each state you do business, not where your headquarters are located.

I'm sure there are many other reasons they wanted to relocate to another state, but it will not change how much state income tax is owed to each state.

189 posted on 12/09/2016 3:30:02 PM PST by Dave W
[ Post Reply | Private Reply | To 128 | 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