4 ms·

Non-objective arguments. The regions that the people are moving away from seem to be high cost of living regions. The regions that they are moving to seem to be

• throwaway0a5e 4y ago
  Tax is just one part of the cost of living picture. A couple percent state income tax difference isn't really a big deal with the feds take a much bigger cut but when you consider the long tail of $6 gas, sin taxes on your smokes, tax on prepared food, government fees, etc, taxes can add up to a noteworthy fraction of said picture.
• stevenicr 4y ago
  After speaking with many people in and around real estate in TN,it seems that a move to Nashville from CA / Chicago, NY, etc. could save quite a lot in taxes. Yes the cost of living is lower, yes you can get a house with yard for the price of an apartment, food is cheaper, etc.. However for many leaving there for here, eliminating state income tax, and especially with SALT tax thing that changed some years ago ( https://taxfoundation.org/tax-basics/salt-deduction/ https://taxfoundation.org/tax-basics/salt-deduction/ ), they seem to save $30,000 in taxes (?) or so on average I think the numbers have been. If you have fancy cars / boats etc that are subject to personal property tax per year you may find saving thousands there as well. Certainly this is not the same for $10 / hour fast food workers or billionaires with fancy tax vehicles. Granted, services and things are different - so no way to make it not apples to oranges - but tax is indeed relevant to a set of people that consider ~30k / year to be a big deal.