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Where are you getting your state & local tax numbers? The numbers I found show total state & local tax collected per capita for Texas is $3,580 vs. $5,028 for
by roboneal 16y ago
Where are you getting your state & local tax numbers?
The numbers I found show total state & local tax collected per capita for Texas is $3,580 vs. $5,028 for California. That's a 40% increase over Texas. Nothing to sneeze at.
Texas: http://www.taxfoundation.org/taxdata/show/482.html http://www.taxfoundation.org/taxdata/show/482.html
Cali: http://www.taxfoundation.org/taxdata/show/443.html http://www.taxfoundation.org/taxdata/show/443.html
Even your numbers show a 20% penalty for living in Cali.
- _delirium 16y agoI was going by total state+local govt revenues divided by population, which ends up allocating as taxes things like vehicle registration fees, excise taxes, alcohol taxes, corporate taxes, etc., probably even lottery revenues. The Tax Foundation's method might be more meaningful, depending on what you're comparing. But either way it's not all that much of a difference in absolute terms, even if it is in percentage terms. I mean, $1500 on average. Even if you make a lot over the average, it still seems like Texas's biggest win will be the $300,000 difference in the price of a house, or $1000/mo difference in rent, not a few $k savings in taxes.
- roboneal 16y agoThat's $1500 PER CAPITA (every man, woman & child). All things being equal - $6K a year for a family of 4 is consequential.
- deleted 16y ago[deleted]