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Jim in CT 08-08-2019 12:20 PM

Quote:

Originally Posted by spence (Post 1171986)
This makes absolutely no sense at all.

a vague insult from YOU? get outta here.

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

PaulS 08-08-2019 12:24 PM

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.

scottw 08-08-2019 12:28 PM

Quote:

Originally Posted by Jim in CT (Post 1171990)
where does she go to school?

the part of SC that’s a suburb of Charlotte, is awesome. We looked at Fort Mill SC, awesome schools, easy commute to Charlotte, insanely low taxes. nothing like that in CT at that cost, but even close.

CT has advantages, mostly from its proximity to Manhattan, not because of its state government, which is in the final stages of
killing the state off.
Posted from my iPhone/Mobile device

USC...taking her back down next week... she's spent some time in Charlotte and loves it, she's considering Wake Forest for graduate...she's been to Charleston a bunch

I'd move down there in a heartbeat if I didn't have two more here in hs

scottw 08-08-2019 12:30 PM

Quote:

Originally Posted by PaulS (Post 1171993)

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.

did you know that there are red areas of blue states and blue areas of red states?

Pete F. 08-08-2019 12:30 PM

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%

scottw 08-08-2019 12:31 PM

Quote:

Originally Posted by Pete F. (Post 1171996)

Be pro-tax


wtf

Jim in CT 08-08-2019 12:56 PM

Quote:

Originally Posted by PaulS (Post 1171993)
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.

nope. i asked where i’m CT can live that’s as cheap as SC.

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

PaulS 08-08-2019 12:59 PM

Quote:

Originally Posted by Jim in CT (Post 1172000)
nope. i asked where i’m CT can live that’s as cheap as SC.

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

You are a right wing zombie.

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.

Jim in CT 08-08-2019 01:03 PM

Quote:

Originally Posted by PaulS (Post 1172002)
You are a right wing zombie.

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.

i’m pro gay marriage, anti death penalty, and in favor of gun control. big things to differ with the right on.

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

scottw 08-08-2019 01:06 PM

Quote:

Originally Posted by PaulS (Post 1172002)

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.

this is brilliant

PaulS 08-08-2019 01:36 PM

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.

The Dad Fisherman 08-08-2019 01:38 PM

Quote:

Originally Posted by scottw (Post 1171994)
USC...taking her back down next week... she's spent some time in Charlotte and loves it, she's considering Wake Forest for graduate...she's been to Charleston a bunch

I'd move down there in a heartbeat if I didn't have two more here in hs

That’s where my daughter just graduated from, beautiful school. Loved the area, loved the people, and loved the BBQ. She loved it down there.

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

The Dad Fisherman 08-08-2019 01:40 PM

Quote:

Originally Posted by PaulS (Post 1172007)
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.

What’s the average home cost? I can get twice the home for half the money and pay a fourth of the property taxes.
Posted from my iPhone/Mobile device

PaulS 08-08-2019 01:42 PM

Quote:

Originally Posted by scottw (Post 1172005)
this is brilliant

This is snarky

Sea Dangles 08-08-2019 01:44 PM

When my daughter was at college of Charleston it was always a great excuse to have a food weekend.
Posted from my iPhone/Mobile device

PaulS 08-08-2019 01:51 PM

Quote:

Originally Posted by The Dad Fisherman (Post 1172010)
What’s the average home cost? I can get twice the home for half the money and pay a fourth of the property taxes.
Posted from my iPhone/Mobile device

I don't know. You said you were considering it so let us know.

What is holding you back from moving? Are you eligible for a pension at your job?

Jim in CT 08-08-2019 02:08 PM

Quote:

Originally Posted by The Dad Fisherman (Post 1172010)
What’s the average home cost? I can get twice the home for half the money and pay a fourth of the property taxes.
Posted from my iPhone/Mobile device

the average salary in CT has nothing to do with state politics. it’s because we have close beachfront to manhattan.

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

The Dad Fisherman 08-08-2019 02:13 PM

Quote:

Originally Posted by PaulS (Post 1172014)
I don't know. You said you were considering it so let us know.

What is holding you back from moving? Are you eligible for a pension at your job?

Well I did say in the post you quoted that I can get twice the house for half the money...sooooo

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

spence 08-08-2019 02:21 PM

Quote:

Originally Posted by Jim in CT (Post 1171992)
a vague insult from YOU? get outta here.

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

Depending on income the variation in the effective federal tax rate for individuals could very well be negligible. The big factor here you're omitting is that the states targeted by the GOP tax plan have significantly more wealthy people who pay a lot more in taxes. So the low tax states aren't subsidizing the high tax states, it's actually the other way around.

PaulS 08-08-2019 02:30 PM

Quote:

Originally Posted by The Dad Fisherman (Post 1172019)
Well I did say in the post you quoted that I can get twice the house for half the money...soooooand I can do that by moving about 5 miles further north

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

So you will be one of those who makes their $ here in the NE and leaves for the lower taxed states. You enjoyed the higher salary and better school associated with the NE.

scottw 08-08-2019 02:33 PM

Quote:

Originally Posted by PaulS (Post 1172022)
So you will be one of those who makes their $ here in the NE and leaves for the lower taxed states. You enjoyed the higher salary and better school associated with the NE.

and paid the higher taxes and supported his community...what is he a friggin' prisoner?

PaulS 08-08-2019 02:34 PM

Quote:

Originally Posted by Jim in CT (Post 1172016)
the average salary in CT has nothing to do with state politics. it’s because we have close beachfront to manhattan.

.
Posted from my iPhone/Mobile device

It is a combo of state politics where we have decided to elect people who are willing to tax the residents more which allows the state to put more $ into schools, which turns out a more educated workforce which attracts companies who will pay more in salary for that educated pop.

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.

scottw 08-08-2019 02:36 PM

Quote:

Originally Posted by The Dad Fisherman (Post 1172008)
That’s where my daughter just graduated from, beautiful school. Loved the area, loved the people, and loved the BBQ. She loved it down there.

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

she's a junior this fall...appreciate that very much...SODA CITY!!

The Dad Fisherman 08-08-2019 02:50 PM

Quote:

Originally Posted by PaulS (Post 1172022)
So you will be one of those who makes their $ here in the NE and leaves for the lower taxed states. You enjoyed the higher salary and better school associated with the NE.

Am I supposed to feel guilty or something :huh:
Posted from my iPhone/Mobile device

The Dad Fisherman 08-08-2019 02:58 PM

Quote:

Originally Posted by scottw (Post 1172023)
and paid the higher taxes and supported his community...what is he a friggin' prisoner?

And still am and still will be paying them for at least the next 5-10 years, and my kids have been out of the school system for 5 years.

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

Jim in CT 08-08-2019 03:11 PM

Quote:

Originally Posted by spence (Post 1172020)
Depending on income the variation in the effective federal tax rate for individuals could very well be negligible. The big factor here you're omitting is that the states targeted by the GOP tax plan have significantly more wealthy people who pay a lot more in taxes. So the low tax states aren't subsidizing the high tax states, it's actually the other way around.

“could very well be negligible”

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

PaulS 08-08-2019 04:09 PM

Quote:

Originally Posted by The Dad Fisherman (Post 1172026)
Am I supposed to feel guilty or something :huh:
Posted from my iPhone/Mobile device

not guilty. That's just the facts people make money in the Northeast and then they retire to the warmer lower taxed south.
Posted from my iPhone/Mobile device

PaulS 08-08-2019 04:11 PM

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.
Posted from my iPhone/Mobile device

spence 08-08-2019 04:32 PM

Quote:

Originally Posted by PaulS (Post 1172036)
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.
Posted from my iPhone/Mobile device

Chris doesn’t care, he’s got his straws to grasp.
Posted from my iPhone/Mobile device

Sea Dangles 08-08-2019 04:57 PM

Quote:

Originally Posted by spence (Post 1172038)
Chris doesn’t care, he’s got his straws to grasp.
Posted from my iPhone/Mobile device

The straws you told me about 2 weeks ago Jeff? You are more of a sucker than you care to admit. You took the 🧀. Enjoy
Posted from my iPhone/Mobile device

Sea Dangles 08-08-2019 05:18 PM

Quote:

Originally Posted by PaulS (Post 1172035)
not guilty. That's just the facts people make money in the Northeast and then they retire to the warmer lower taxed south.
Posted from my iPhone/Mobile device

A wealth of information here. Pay attention
Posted from my iPhone/Mobile device


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