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A comment on Goodbye, New York, California and Illinois – Hello where?.

Re:Goodbye, New York, California and Illinois – Hello where? by jshaqaw on Friday January 17, 2020 @04:35PM (#22079630)
Cost of living is real. Weather is real. Outside of a few highly nomadic ultra-high net worth types the tax advantages of moving states is just too trivial in absolute terms for most people to bother with. The idea that masses of people are moving for lower taxes seems like a rhetorical invention of the WSJ editorial page versus anything rooted in reality.
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Re:Goodbye, New York, California and Illinois – Hello where? by refurb on Friday January 17, 2020 @04:50PM (#22079819)
Disagree strongly on taxes. Moving from CA to WA, could save a family making $100,000 nearly $1,000 per month.
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Re:Goodbye, New York, California and Illinois – Hello where? by munificent on Friday January 17, 2020 @06:24PM (#22080722)
ca.gov says state taxes for someone making $100k are $6,466.00. That's less than half your claim.
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Re:Goodbye, New York, California and Illinois – Hello where? by jshaqaw on Monday January 20, 2020 @08:35AM (#22098659)
Not to mention states without income tax fund themselves somehow. There are other taxes which partially offset the lack of state income tax.
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Re:Goodbye, New York, California and Illinois – Hello where? by lotsofpulp on Friday January 17, 2020 @06:58PM (#22081008)
CA governments, city and state, have more debt (unfunded defines benefit pension benefits) than WA does though, so in the future the taxes will continue rising.
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Re:Goodbye, New York, California and Illinois – Hello where? by PopeDotNinja on Friday January 17, 2020 @06:25PM (#22080745)
Yup. I just moved from CA to WA. It was like an instant ~10% raise of state taxes alone.
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Re:Goodbye, New York, California and Illinois – Hello where? by driverdan on Friday January 17, 2020 @04:54PM (#22079857)
CA's income tax is very high. The effective tax rate is 7%+ for most tech workers. That's a huge amount of income to give up, especially if you're comparing to a state with no or low income tax.
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Re:Goodbye, New York, California and Illinois – Hello where? by asdff on Saturday January 18, 2020 @03:02AM (#22083100)
Should be higher imo
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Re:Goodbye, New York, California and Illinois – Hello where? by sun_bear on Saturday January 18, 2020 @10:23AM (#22084883)
Nobody is preventing you from paying more. Problem solved.
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Re:Goodbye, New York, California and Illinois – Hello where? by rayiner on Friday January 17, 2020 @04:43PM (#22079721)
> tax advantages of moving states is just too trivial

It’s not. For a family with $85,000 a year, getting rid of state tax could mean an extra several hundred dollars a month in income.

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Re:Goodbye, New York, California and Illinois – Hello where? by dragonwriter on Friday January 17, 2020 @08:29PM (#22081514)
> For a family with $85,000 a year, getting rid of state tax could mean an extra several hundred dollars a month in income.

It could, if you could take the $85,000/year job with you. Pay for similar skills in the lower CoL states is also notably lower, though.

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Re:Goodbye, New York, California and Illinois – Hello where? by JamesBarney on Saturday January 18, 2020 @05:04AM (#22083523)
Which is accounted for by the lower CoL. I've had a couple of recruiters call me about jobs in San Francisco so I checked the CoL, and the CoL difference between San Fran and Houston is over a 100%. And companies weren't willing to pay double the rates they are here.
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Re:Goodbye, New York, California and Illinois – Hello where? by dllthomas on Saturday January 18, 2020 @02:18PM (#22086416)
If you're turning a profit in Houston, and you double what you're spending, you don't need to double your pay to be turning a larger profit.
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Re:Goodbye, New York, California and Illinois – Hello where? by jayd16 on Friday January 17, 2020 @06:07PM (#22080576)
You'll spend the time and effort to move for a couple grand a year? Does that really make sense? How many years does it take to break even?
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Re:Goodbye, New York, California and Illinois – Hello where? by refurb on Friday January 17, 2020 @07:21PM (#22081145)
Spoken like someone who is out of touch.

Yes, for a family making $85K, having an extra $3-4K in your pocket every year is a big deal.

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Re:Goodbye, New York, California and Illinois – Hello where? by jayd16 on Saturday January 18, 2020 @01:06AM (#22082670)
How much does it cost to move your family from California to Texas? How many days are you not getting payed? How many weeks is your SO unemployed? How long are you paying for two rents or mortgages? It just doesn't seem like $3k is a net gain to me.
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Re:Goodbye, New York, California and Illinois – Hello where? by JamesBarney on Saturday January 18, 2020 @05:22AM (#22083589)
I don't think people are quitting their jobs to save 3k in taxes. But when they are considering taking a job in California for 100k or in Texas for 85k it moves the needle in addition to cost of living.
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Re:Goodbye, New York, California and Illinois – Hello where? by asdff on Saturday January 18, 2020 @03:04AM (#22083107)
Spoken like someone who has never moved.
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Re:Goodbye, New York, California and Illinois – Hello where? by GhettoChild on Friday January 17, 2020 @06:41PM (#22080878)
It makes sense when you are also significantly decreasing your cost of living at the same time in addition to cutting taxes and want to purchase a home something that really isn'y possible in NYC or the bay on that income but is easily possible in a state with low cost of living.
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Re:Goodbye, New York, California and Illinois – Hello where? by jayd16 on Saturday January 18, 2020 @02:39PM (#22086554)
Cost of living, sure, but in this thread we're discussing how significant the tax aspect actually is.
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Re:Goodbye, New York, California and Illinois – Hello where? by dsfyu404ed on Friday January 17, 2020 @08:27PM (#22081507)
We're talking a couple hundred a month. That's a small car payment for Christ sake. That's a huge influence on people's monthly budget and likewise a significant quality of life (from stress reduction if nothing else) improvement.
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Re:Goodbye, New York, California and Illinois – Hello where? by jayd16 on Friday January 17, 2020 @06:11PM (#22080623)
It doesn't need to actually be beneficial to be a reason people do it. As you can see from the replies, there's certainly a perceived benefit.
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