• If you are having problems logging in please use the Contact Us in the lower right hand corner of the forum page for assistance.

TX, FL, TN , and some other low tax states

Help Support CattleToday:

HDRider

Well-known member
Joined
Jul 25, 2011
Messages
5,417
Reaction score
8
Location
NE Arkansas
Are going to get invaded by those leaving high tax states now that deductions are changing.
 
OP
HDRider

HDRider

Well-known member
Joined
Jul 25, 2011
Messages
5,417
Reaction score
8
Location
NE Arkansas
Brute 23":3dfy0q4v said:
The tax bill didn't mathematically change much just shuffled it around. Definitely not worth moving over.
They will be hit twice now. The property tax will stay high (one hit) and you can't deduct it (hit two). They were getting hit two back with a Federal tax deduction, but no mo.
 

True Grit Farms

Well-known member
Joined
Jan 4, 2016
Messages
9,453
Reaction score
3
Location
Middle Georgia
callmefence":14xre3kl said:
We're doing our part by overcharging all non-Texans
they're easy to spot. They want hi -tensile smooth wire.
Might be able to learn something, dang Yankees know it all.
 

greybeard

Well-known member
Joined
Jul 5, 2012
Messages
19,325
Reaction score
33
Location
Cleveland Tx
HDRider":2vswh2y2 said:
Caustic Burno":2vswh2y2 said:
You a project, and they gotta educate you.. Civilize you...
Yeah, like Hilary did Arkansas

 

Dave

Well-known member
Joined
Jul 12, 2004
Messages
8,965
Reaction score
161
Location
Baker County, Oregon
We don't want anymore Californians moving up here. Maybe it will keep snowing. Snow is preferable to Californians.
 

Brute 23

Well-known member
Joined
Apr 19, 2007
Messages
8,850
Reaction score
133
Location
Gulf Coast of South Texas
HDRider":7ltsughs said:
Brute 23":7ltsughs said:
The tax bill didn't mathematically change much just shuffled it around. Definitely not worth moving over.
They will be hit twice now. The property tax will stay high (one hit) and you can't deduct it (hit two). They were getting hit two back with a Federal tax deduction, but no mo.

I got ya but that is the same in Texas. You won't see any benefit by moving here. Texas people are getting hit twice also and we are #6 for highest property tax in the nation.

You have to be talking about some pretty large homes or facilities for it to matter above the increase in every ones standard deductions. Texas is like 1.9%. Like the guy I work for said... do I want to pay more taxes... no... will I survive by not being able to write the $80K off... yes. If I couldn't... I shouldn't own a home with taxes that cost $80K per year. He's pushing an $8M house and his taxes may increase by $30K at the most.
 

Rafter S

Well-known member
Joined
Sep 17, 2013
Messages
4,411
Reaction score
82
Location
Grimes County, TX
greybeard":3nztvpau said:
What do you mean "going to get invaded"?

I know what you mean. We've been "getting invaded" for decades. I remember seeing bumper stickers in the '80s that said "I don't care how you did it up north."
 

greybeard

Well-known member
Joined
Jul 5, 2012
Messages
19,325
Reaction score
33
Location
Cleveland Tx
Brute 23":3ryb0oed said:
HDRider":3ryb0oed said:
Brute 23":3ryb0oed said:
The tax bill didn't mathematically change much just shuffled it around. Definitely not worth moving over.
They will be hit twice now. The property tax will stay high (one hit) and you can't deduct it (hit two). They were getting hit two back with a Federal tax deduction, but no mo.

I got ya but that is the same in Texas. You won't see any benefit by moving here. Texas people are getting hit twice also and we are #6 for highest property tax in the nation.

You have to be talking about some pretty large homes or facilities for it to matter above the increase in every ones standard deductions. Texas is like 1.9%. Like the guy I work for said... do I want to pay more taxes... no... will I survive by not being able to write the $80K off... yes. If I couldn't... I shouldn't own a home with taxes that cost $80K per year. He's pushing an $8M house and his taxes may increase by $30K at the most.
State income tax tho, is the probable difference. Tx and Fla have none and if I remember correctly, Tn only taxes investment income on the state level.
 

greybeard

Well-known member
Joined
Jul 5, 2012
Messages
19,325
Reaction score
33
Location
Cleveland Tx
Rafter S":1hbibeuc said:
greybeard":1hbibeuc said:
What do you mean "going to get invaded"?

I know what you mean. We've been "getting invaded" for decades. I remember seeing bumper stickers in the '80s that said "I don't care how you did it up north."
Let the bastards freeze in the dark...
 

Craig Miller

Well-known member
Joined
Sep 6, 2012
Messages
2,234
Reaction score
0
Location
Nw Alabama
Complain about your property tax all you want but you still ain't paying a monthly fee to the state to live or work in it.
 

Latest posts

Top