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Owning in retirement



 
 
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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
 




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