I'll have to dig up my tax returns when I get home but, I just moved from LA to Texas in August and my top line pay decreased but my take home went up.Esteban du Plantier said:bmks270 said:Esteban du Plantier said:
Here's a numbers I calculated on $200k income, $500k home, and sales tax on $36k of spending a year.
California:$21,873
Texas:$14,398
Apples to apples would be make the Texas income $150k, and the California house 1.7MM
Ok, California tax is then increased to $30,392.
10% in state income tax gone
Plus the California disability that you have to pay
My 1,250 sq ft house sold for $1.1M (8 days on market, multiple offers, some all cash).
I bought it for $700k back in 2005 so my property taxes were about $10,000/yr.
In the town I lived in, the sales tax was 10.25%
Proponents like to state that you don't pay tax on food.
Vehicle registration expenses
Gasoline prices - $6 in CA compared to $3 in Texas
Pavilions/Vons/Ralph's versus food prices at HEB/Kroger
I haven't bought a house in Texas yet but, we're much better off in Texas.