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Owning in retirement



 
 
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  #1  
Old April 23rd 08, 06:24 PM posted to rec.aviation.owning
Newps
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Posts: 1,886
Default Owning in retirement

States that have no income tax are usually fiercely anti income tax. FL
will never change as the retirees are their golden goose, my folks live
there in the winter. Most retirees are not residents of Florida
anyways, they are snowbirds who keep their legal residency somewhere else.






Robert M. Gary wrote:
On Apr 23, 9:27 am, Newps wrote:
Robert M. Gary wrote:
*Your not paying state income tax*???? Christ, I just paid the state
of California over $30,000 in income tax.

How can you not know this? There are a handful of states that do not
have state income tax. WA, WY, TX, SD, FL, AL and NV. NH and TN only
tax dividend income. California has some nice scenery but people that
actually live there have lost their ever lovin' minds.


I wonder if that will stay the same. WA is becoming so liberal I can't
imagine them not wanting more gov't money. I remember about 10 years
ago FL talking about an income tax (so they could tax those rich
*******s moving down from NY).

-Robert

  #2  
Old April 23rd 08, 07:05 PM posted to rec.aviation.owning
Ross
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Posts: 463
Default Owning in retirement

Newps wrote:
States that have no income tax are usually fiercely anti income tax. FL
will never change as the retirees are their golden goose, my folks live
there in the winter. Most retirees are not residents of Florida
anyways, they are snowbirds who keep their legal residency somewhere else.






Robert M. Gary wrote:
On Apr 23, 9:27 am, Newps wrote:
Robert M. Gary wrote:
*Your not paying state income tax*???? Christ, I just paid the state
of California over $30,000 in income tax.
How can you not know this? There are a handful of states that do not
have state income tax. WA, WY, TX, SD, FL, AL and NV. NH and TN only
tax dividend income. California has some nice scenery but people that
actually live there have lost their ever lovin' minds.


I wonder if that will stay the same. WA is becoming so liberal I can't
imagine them not wanting more gov't money. I remember about 10 years
ago FL talking about an income tax (so they could tax those rich
*******s moving down from NY).

-Robert


TX's real estate taxes are pretty high, but then we do not have the
income tax and we do not have personal property taxes on boats, cars,
airplanes. Food is exempted (unless processed) from taxes. Our state /
city sales tax is 8.25%. There are little percentages included for city
road improvements, and several other little special projects that I
cannot remember right now. Housing is reasonable here. My wife wanted to
look at possibly retiring in Florida and I found housing high. But, I am
not fond of Florida, sorry. Nice place to visit and I will be at
Disneyworld the first part of May...

--

Regards, Ross
C-172F 180HP
KSWI
  #3  
Old April 23rd 08, 10:11 PM posted to rec.aviation.owning
Vaughn Simon
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Posts: 735
Default Owning in retirement


"Newps" wrote in message
. ..
Most retirees are not residents of Florida anyways, they are snowbirds who
keep their legal residency somewhere else.


That is not what I see. I think as many retirees as possible try to pass
themselves off as Florida citizens to avoid taxes. I live in Florida and I see
retirees that only live here a few months out the the year arrive from up north
in cars with Florida license tags. I know for a fact that some of them live
most of the year in large northern cities, but their auto insurance company
thinks they live in Florida (where auto insurance is a lot less). Most have
probably also figured out a way to receive their retirement income in Florida to
avoid their own state income tax. Also, Florida residents get a much better
rate on property taxes than non-residents do.

I don't blame these folks. You can be sure that when I am a retired person
(it won't be long now) my actual residence is likely to be a very nebulous
thing, a thing only for the wife and I to know for sure.

Vaughn


  #4  
Old April 23rd 08, 11:12 PM posted to rec.aviation.owning
Matt W. Barrow
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Posts: 427
Default Owning in retirement


"Newps" wrote in message
. ..
States that have no income tax are usually fiercely anti income tax. FL
will never change as the retirees are their golden goose, my folks live
there in the winter. Most retirees are not residents of Florida anyways,
they are snowbirds who keep their legal residency somewhere else.


And most (all?) of those rich *******s are not living on regular income, but
on pensions and savings, mostly sheltered from tax consequences.



Robert M. Gary wrote:
On Apr 23, 9:27 am, Newps wrote:
Robert M. Gary wrote:
*Your not paying state income tax*???? Christ, I just paid the state
of California over $30,000 in income tax.
How can you not know this? There are a handful of states that do not
have state income tax. WA, WY, TX, SD, FL, AL and NV. NH and TN only
tax dividend income. California has some nice scenery but people that
actually live there have lost their ever lovin' minds.


I wonder if that will stay the same. WA is becoming so liberal I can't
imagine them not wanting more gov't money. I remember about 10 years
ago FL talking about an income tax (so they could tax those rich
*******s moving down from NY).

-Robert



  #5  
Old April 23rd 08, 11:32 PM posted to rec.aviation.owning
Robert M. Gary
external usenet poster
 
Posts: 2,767
Default Owning in retirement

On Apr 23, 3:12*pm, "Matt W. Barrow"
wrote:
"Newps" wrote in message

. ..

States that have no income tax are usually fiercely anti income tax. *FL
will never change as the retirees are their golden goose, my folks live
there in the winter. *Most retirees are not residents of Florida anyways,
they are snowbirds who keep their legal residency somewhere else.


And most (all?) of those rich *******s are not living on regular income, but
on pensions and savings, mostly sheltered from tax consequences.


And dividends as well. People have argued for years that the double
tax on dividends today is not enough and we should stick it to those
old rich dudes by increasing their dividend tax rate.

-Robert

  #6  
Old April 24th 08, 02:53 AM posted to rec.aviation.owning
Orval Fairbairn[_2_]
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Posts: 530
Default Owning in retirement

In article ,
"Matt W. Barrow" wrote:

"Newps" wrote in message
. ..
States that have no income tax are usually fiercely anti income tax. FL
will never change as the retirees are their golden goose, my folks live
there in the winter. Most retirees are not residents of Florida anyways,
they are snowbirds who keep their legal residency somewhere else.


And most (all?) of those rich *******s are not living on regular income, but
on pensions and savings, mostly sheltered from tax consequences.


So? What's wrong with that? We have paid our dues and supported all of
the welfare drones and corporations living of subsidies.

--
Remove _'s from email address to talk to me.
  #7  
Old April 24th 08, 10:10 PM posted to rec.aviation.owning
Matt W. Barrow
external usenet poster
 
Posts: 427
Default Owning in retirement

"Orval Fairbairn" wrote in message
news
In article ,
"Matt W. Barrow" wrote:

"Newps" wrote in message
. ..
States that have no income tax are usually fiercely anti income tax.
FL
will never change as the retirees are their golden goose, my folks live
there in the winter. Most retirees are not residents of Florida
anyways,
they are snowbirds who keep their legal residency somewhere else.


And most (all?) of those rich *******s are not living on regular income,
but
on pensions and savings, mostly sheltered from tax consequences.


So? What's wrong with that? We have paid our dues and supported all of
the welfare drones and corporations living of subsidies.


Sarcasm, Orval.

I'd think you'd know me well enough to know I'm pretty radical, and my view
that anything other than indirect taxes is obscene and anathema to America
as a free country.




  #8  
Old April 23rd 08, 11:30 PM posted to rec.aviation.owning
Robert M. Gary
external usenet poster
 
Posts: 2,767
Default Owning in retirement

On Apr 23, 10:24*am, Newps wrote:
States that have no income tax are usually fiercely anti income tax. *FL
will never change as the retirees are their golden goose, my folks live
there in the winter. *Most retirees are not residents of Florida
anyways, they are snowbirds who keep their legal residency somewhere else.


I used to see those guys when I would visit Tucson AZ. The city
thought they were being screwed out of their income tax so they come
up with a "hotel" tax on their trailer parks. The next year no one
showed up (I'm not joking, acres and acres of emptiness). Lesson
learned? Probably not.

-Robert

  #9  
Old April 24th 08, 03:40 AM posted to rec.aviation.owning
Bob Fry
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Posts: 369
Default Owning in retirement

"RG" == Robert M Gary writes:

RG I used to see those guys when I would visit Tucson AZ. The
RG city thought they were being screwed out of their income tax
RG so they come up with a "hotel" tax on their trailer parks. The
RG next year no one showed up (I'm not joking, acres and acres of
RG emptiness). Lesson learned? Probably not.

Yeah, you didn't learn it. What city needs "acres and acres" of
trailer park (trash)? Or old farts that run up big local medical
bills.
--
You have not converted a man because you have silenced him.
~ John Morley
  #10  
Old April 24th 08, 11:53 PM posted to rec.aviation.owning
Robert M. Gary
external usenet poster
 
Posts: 2,767
Default Owning in retirement

On Apr 23, 7:40*pm, Bob Fry wrote:
"RG" == Robert M Gary writes:


* * RG I used to see those guys when I would visit Tucson AZ. The
* * RG city thought they were being screwed out of their income tax
* * RG so they come up with a "hotel" tax on their trailer parks. The
* * RG next year no one showed up (I'm not joking, acres and acres of
* * RG emptiness). Lesson learned? Probably not.

Yeah, you didn't learn it. *What city needs "acres and acres" of
trailer park (trash)? *Or old farts that run up big local medical
bills.


I learned that liberals don't understand economic value. They just see
gov't pocket sizes.

-Robert
 




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