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before the salt caps, two identical people ( same income, mortgage, other deductions, similar in every way except state taxes) paid very different federal income tax rates. because the person in a high tax rate got a large federal deduction for his high state taxes, not available to the person in a low tax state. so the person in the low tax state paid much more in federal income tax, than they’d pay ( all other things being equal) in a high tax state. it’s pretty simple and obvious, take off the tin foil hat for a second. Posted from my iPhone/Mobile device |
I did answer the question. I said if taxes are your thing, move to SC. Taxes are lower there. I'll still take Ct over SC for the other things.
You do know Charlotte is liberal. Everyone earns their $ in the blue states where the wages are higher and retires down south where it is warm and taxes are less but wants to live in the most liberal parts of those states. |
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I'd move down there in a heartbeat if I didn't have two more here in hs |
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I imagine Jim will fit right in, North Carolina’s biggest city of Charlotte is also the second biggest Democratic stronghold in the state.
The chance someone you meet will identify as a Democrat is 89%, while the chance a resident will: Be pro-choice is 65% Be pro-environment is 50% Be pro-gun control is 72% Be pro-tax is 54% Be religious is 44% |
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taxes aren’t my thing. what is my thing, is not overpaying by millions of dollars, for what i’m getting. charlotte is liberal by southern standards. not by CT standards. i like Charlotte a lot. i’m not a right wing zombie paul. Posted from my iPhone/Mobile device |
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And I said if taxes are your thing SC is better for you than Ct. There are lots of things that CT ranks higher than SC. Low taxes isn't one of them. |
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as i said, taxes aren’t my thing. avoiding getting ripped off is my thing, avoiding paying more than is necessary, is my thing. SC proves you can offer a high quality of life for low taxes. lots of things where in average, CT ranks higher. i’m not talking about a random average place in SC, i’m talking about the charlotte suburbs where they can’t build $500k houses fast enough. Posted from my iPhone/Mobile device |
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Salaries are much higher in Ct also.
Average Salary in Charlotte, North Carolina $54,937 What is the median household income in North Carolina? $52,752 North Carolina Household Income. According to the Census ACS 1-year survey, the median household income for North Carolina was $52,752 in 2017, the latest figures available. Compared to the median US household income, North Carolina median household income is $7,584 lower Average Salary in Hartford, Connecticut $67,720 What is the average household income in Connecticut? $74,168 Connecticut Household Income. According to the Census ACS 1-year survey, the median household income for Connecticut was $74,168 in 2017, the latest figures available. Compared to the median US household income, Connecticut median household income is $13,832 higher. |
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If your daughter has any questions about the place, send me a PM, I’ll see if my daughter can answer them for her. Posted from my iPhone/Mobile device |
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When my daughter was at college of Charleston it was always a great excuse to have a food weekend.
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What is holding you back from moving? Are you eligible for a pension at your job? |
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the problem with CT is that many people, especially successful people, can take their salary with them and work from SC. everyone at my company can do that. So moving to SC doesn’t mean you’d suddenly be poor, or fat, or illiterate, or a born again christian. what you would see is the tax benefit. when i looked at fort mill, no one had a southern accent. it was all people from new england who wanted to keep the same exact quality of life they were used to. they just didn’t want to overpay for that quality of life. turns out you don’t have to. Posted from my iPhone/Mobile device |
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I still have a few years til I can retire, I’m not that old And I’ll be eligible for my pension in 5 years. Posted from my iPhone/Mobile device |
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And we have beachfront and are close to Manh. There is a pretty good correlation bt blue/red politics, quality of schools and average income. |
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I’m going to where I can stretch my fixed income farther. I want to dine on only the finest moist cat food. Posted from my iPhone/Mobile device |
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5 minutes ago it made absolutely no sense at all. are you saying that now my logic makes sense, but the impact may be negligible? now youre saying that wealthy people pay more taxes, and are subsidizing the rest of us? careful, you’ll get kicked out of the democratic party for saying that the wealthy pay a disproportionate share of federal income tax! my point, which you confirmed, is that before the SALT cap, high state taxes in some states, requires subsidies in low tax states. we can debate whether or not the effect is significant, but the effect is real. i paid 3,000 more in federal income tax thanks to the salt cap. many people are actually leaving high tax states thanks to that cap, so it’s not negligible. Posted from my iPhone/Mobile device |
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Video was just released showing Trump at the hospital bragging about his crowds at an earlier El Paso rally. This is the one he still owes El Paso $500,000 for. All the patients in the hospital declined to meet with him and they had to bring two released patients back to meet with him. Including the young baby whose parents both died. One doctor described Trump is showing a complete lack of empathy. Yes, greatest president ever.
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