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.
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.
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.
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.
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.
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.
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.