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During the past decade, there has been a well-documented exodus of Americans from the Northeast and Midwest to the West and South. However, there has also been another less-documented trend: Americans moving from progressive income tax states to states with no income taxes.
originally posted by: JAGStorm
The problem with these states is that they are becoming too populated. I think of Florida and Washington State. People are just flocking to these places and now there is a housing problem.
originally posted by: ignorant_ape
a reply to: JAGStorm
a state still needs revenue - to fund all its programs - so how do " zero income tax " states raise revenue ?
a 1 million pupulation - with 25000 km of roads - 95 schools etc - still needs to fund a slew of programs
do you really save anything - or just think you do ??
originally posted by: Stupidsecrets
Some are moving for taxes but most are moving for better opportunities. They also bring their politics with them meaning they are not really running from a tax problem; they are re-creating it somewhere else, at least that is what is happening where I live.
Recently I've been seeing Bernie and Beto signs popping up in yards of these new residents and they are slowly changing the tax structure. Pork projects, dangerous municipal bonds..you name it they will vote for it every single time. That was not the case 20 years ago. Eventually they will ruin it like an invasive species.
originally posted by: ketsuko
a reply to: JAGStorm
A lot of states used to hide their high taxes by allowing people to write off a certain amount of state taxes from their federal liability, but the Republican tax cuts stopped that.
That's why you saw so many people on here crying about how they were worse off afterward. I'll bet they lost that particular deduction and got hosed at both federal and state levels.
originally posted by: ketsuko
A lot of states used to hide their high taxes by allowing people to write off a certain amount of state taxes from their federal liability, but the Republican tax cuts stopped that.
That's why you saw so many people on here crying about how they were worse off afterward. I'll bet they lost that particular deduction and got hosed at both federal and state levels.
originally posted by: Stupidsecrets
I was so happy to see that happen. The tax cuts finally exposed their scam. Let them get mad. I have been mad for a long long time about subsidizing their scheme.