Re:Stripe Will Pay Workers $20k to Leave New York and San Fr...
by Zach_the_Lizard on Saturday October 03, 2020 @08:33AM
(#24671576)
A lot of the high tax states have high taxes in multiple categories. Moving to a high sales tax, low income tax state might actually "reduce* your sales tax.
NYC, where I live, has an 8.875% combined sales tax. And a high income tax.
Texas, meanwhile, has a maximum combined rate of 8.25% and no income taxes. High property taxes.
NYC, where I live, has an 8.875% combined sales tax. And a high income tax.
Texas, meanwhile, has a maximum combined rate of 8.25% and no income taxes. High property taxes.
Moving to Texas would cut the sales tax I pay.