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Quadruple?? If you're talking a state boundary, I think you're probably missing something. Some states have higher income tax, some have higher real estate ta
by jbooth 17y ago
Quadruple?? If you're talking a state boundary, I think you're probably missing something. Some states have higher income tax, some have higher real estate tax (which you pay for indirectly via rent).
Quadruple your cost of living, I could believe.
EDIT: Additionally, somewhere around 80% of the taxes that you do pay go to the federal gov't -- so it'd be really, really hard for a change in state to quadruple your tax burden.
- thirdstation 17y agoHyberbole retracted after a little research. I was speaking of property taxes specifically. It's possible to quadruple my property taxes by moving to the same state in which I work. That would put me about an hour from my office and is the most expensive area in the state. Being within 30 min of my office would be 1.5 - 2 times more expensive property tax wise.