Quote:
Originally Posted by raulus
That you could.
Luckily, the property tax is less than 1% of my income. So you can leave it out if you prefer. Won’t move the needle very much.
But don’t forget state income tax and local and county income tax. Those add another 14% to your federal tally.
Plus the phantom income is a real kick in the shorts.
|
You could also move to a lower tax state, county and/or municipality, but there's a reason people stay in those higher-tax places, as I'm sure you know. It's almost as if people think it's worth it to pay higher taxes once they realize the benefits that can be provided with that revenue. Most people—including the rich, up to a point—like having nice roads, sidewalks, schools, police fire and emergency services, etc.
__________________
_
Successful transactions with: Natswin2019, ParachromBleu, Cmount76, theuclakid, tiger8mush, shammus, jcmtiger, oldjudge, coolshemp, joejo20, Blunder19, ibechillin33, t206kid, helfrich91, Dashcol, philliesfan, alaskapaul3, Natedog, Kris19, frankbmd, tonyo, Baseball Rarities, Thromdog, T2069bk, t206fix, jakebeckleyoldeagleeye, Casey2296, rdeversole, brianp-beme, seablaster, twalk, qed2190, Gorditadogg, LuckyLarry, tlhss, Cory, zizek
Last edited by BobbyStrawberry; 09-01-2025 at 03:21 PM.
|