Quote:
Originally Posted by Jim in CT
I'm not wrong, no chance. I can't tell you exactly what I'd save in 20 years, but I know it would be more than 200k. In my pocket.
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Total tax burden CT is about 12.6%, nh, 7.9%.
https://taxfoundation.org/publicatio...s-publications
You would save 4.7% per year, ignoring any differences in federal deductions. To save 200k over 20 years at 4.7% means you would have an annual income over those 20 years of $212,766. You are doing very well. You can afford another kid or two. Unless your math is wrong, but no chance of that.
Posted from my iPhone/Mobile device
By the way Jim, a plumber or most other workers who aren't telecommuting are likely going to end up better off here in CT where salaries are higher. They will have more net income after taxes, more retirement savings, etc.