Senate Passes Sweeping Republican Tax Overhaul Bill

[Gman]

Yup, one of my buddies at work moved here from Texas and said they hit him hard on the property taxes.

Did he also tell you what he paid to register his vehicles? Brace yourself for the answer.

In TX, property taxes are probably the majority of taxes paid, unless your spending is really high which will kick up the total in sales taxes.

[CS1983]

Supposedly we are just under Texas when comparing income, property, sales, excise:

https://wallethub.com/edu/states-wit...-burden/20494/

[sroz]

Supposedly we are just under Texas when comparing income, property, sales, excise:

https://wallethub.com/edu/states-wit...-burden/20494/

Depends on how you view the data. These are not raw tax %, but based on taxes as a % of total income.

[Gman]

I'll see your list and raise you. ;-)

https://www.forbes.com/pictures/emeg...-state-by-sta/

Forbes list using actual tax data from last year in descending order. Colorado was 16, Texas was 5.

This type of data must be difficult to compile since government started hiding taxes as "fees".

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[Great-Kazoo]

Did he also tell you what he paid to register his vehicles? Brace yourself for the answer.

In TX, property taxes are probably the majority of taxes paid, unless your spending is really high which will kick up the total in sales taxes.

When it cost me $100 to re-register my truck here and $800 annually for property tax. The property tax on the same size lot with home in TX is 3x higher. So the lower registering of my truck in TX does not offset the higher property tax.


It doesn't matter where you live. Somehow, someway the .gov entities always find a way to take from you with minimal return.

[00tec]

When it cost me $100 to re-register my truck here and $800 annually for property tax. The property tax on the same size lot with home in TX is 3x higher. So the lower registering of my truck in TX does not offset the higher property tax.


It doesn't matter where you live. Somehow, someway the .gov entities always find a way to take from you with minimal return.

The lack of state income tax makes up for it

[CS1983]

I'll see your list and raise you. ;-)

https://www.forbes.com/pictures/emeg...-state-by-sta/

Forbes list using actual tax data from last year in descending order. Colorado was 16, Texas was 5.

This type of data must be difficult to compile since government started hiding taxes as "fees".

Sent from my SM-N950U using Tapatalk

Have to reload page to get each state to advance to next pic. Guessing this is a result of #allthesecurity, so will have to view at home.

[Ronin13]

Give them a real hard look. "Some" make up for that No Income Tax through other means such as food, alcohol, property tax, on line and overall in store sales. Looked at NV, between property taxes, on line purchases and other smaller items. I'd rather pay SIC, and save money.

Agreed. Let's also not forget a lot of states (like Florida) have toll roads everywhere, which makes up for no income tax. And then there's NY, which has high taxes on everything AND toll roads on top of it.

[CS1983]

Agreed. Let's also not forget a lot of states (like Florida) have toll roads everywhere, which makes up for no income tax. And then there's NY, which has high taxes on everything AND toll roads on top of it.

Yeah, but it's just as easy to get around and usually isn't a major time sink to take non-Toll roads. The I25 corridor is too centralized in its design, perhaps due to geographical limitations, and one is forced to hit 25 without a major detour, whereas Florida has a good layout of older roads that a lot of people don't use as much.

[Ronin13]

Yeah, but it's just as easy to get around and usually isn't a major time sink to take non-Toll roads. The I25 corridor is too centralized in its design, perhaps due to geographical limitations, and one is forced to hit 25 without a major detour, whereas Florida has a good layout of older roads that a lot of people don't use as much.

I wish it were that easy- have you tried to get to Lakewood from Brighton without using interstates? It could take days...