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When I tell them that I departed California and save $6000 per year in California taxes because Florida has no income tax, they are very surprised.
My car registration was $250 per year in California, Florida it's about $50.
Fees are all lower in Florida compared to California.
My car registration was $250 per year in California, Florida it's about $50.
My dental, medical, and car insurance premiums are less in Florida.
So far, I've saved over $24,000 that I did not send to the California Franchise Tax Board.
So far, I've saved over $24,000 that I did not send to the California Franchise Tax Board.
My car insurance went up when I moved from CA to TX. I was surprised.
Mel Gibson in 'The Patriot' said it the best ... why would I want 3000 tyrants, one mile away, versus one tyrant, 3000 miles away?
My car insurance went up when I moved from CA to TX. I was surprised.
TX has to deal with mass car theft and illegals causing crashes.
In Virginia, USAA raised my car insurance specifically to cover uninsured illegal drivers.
I have USAA too, for being a military brat. I don't think I get the same end of year rebates that actual military people do though. My dad's are better that's for sure.
Yep, that's just income taxes. I thought I saw somewhere that when factoring in all taxes VAT, etc. France had the highest at 70%.
Many in government are unionized employees so one just can't come in and fire them without cause.
If they shut down the entire agency or lose funding, they lose their jobs just the same.
SoTex says
Or move the agency to Guam.
I don't understand that reference. Please explain.
GreaterNYCDude says
Many in government are unionized employees so one just can't come in and fire them without cause.
If they shut down the entire agency or lose funding, they lose their jobs just the same.
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Until the 16th ammendment was passed in the early 1900's, we got by without fedetal income taxes. Tariffs did the trick. Of course, we were not yet the superpower we became, huge millitary and all, and there were not nearly the federally funded social programs we have today.
Frankly, I don't think your average American realizes how heavily they are taxed. Federal. State (with some excaptions) Property. School. Gas. Sales. Etc.
For most in the middle and upper middle class, federal income tax is the biggest share of taxes paid on a percentage basis.
In a modern captalist economy, it makes more sense to me to tax consumption rather than income.
So why not abolish the federal income tax, and instead have a federal tax on goods and services rendered. Better yet, couple it with a balanced budget amment so that the government can't spend money they don't have.
Taxing goods should be straightforward to implement. Buy a bag of rice, clothes, a house, a car, stock, etc. tax it at a nominal rate to raise sufficent revenue to keep the government running. Tax should apply to individuals and corporations alike. I have no idea what the rate would need to be to replace the lost income income revenue, but there must be a way for the been counters to figure that out.
Same holds for services. From your lawyer to your plumber to your accountant.. services rendered should also be taxed... possibly at a different rate than physical goods, since we are a "service based economy".
Just thinking out loud here.. In the 21st century there MUST be a better way to raise revenue than income tax and the various loopholes used to reduce or even avoid ones tax burden.