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Author: alstroemeria Big gold star, 5000 posts Top Recommended Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19483  
Subject: Re: What State is Best? Date: 6/27/2013 2:41 PM
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State income taxes, where they exist, often depend on type of income as well as rates. For example, NY state doesn't tax SS income or the first $20k of other retirement income (pension, IRA). So we'd be taxed pretty lightly in NY state desoite the fact that it is generally classified as a high-tax state. property taxes would be much higher than we pay in SC, also gasoline tax, but I suspect homeowner insurance would be lower than we pay on the hurricane coast. SC supposedly has progressive taxation, but by the time you make a little over minimum wage, you're in the top bracket so it really is a flat tax for full time workers.
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