[Normal]

Boy do I wish taxes were used for what they were originally intended for. At first the US didn’t even have income taxes. Then they had to fund war debt etc. Now we have so many “great ideas” being funded we lose about half of what we bring in.

Why can’t taxes just fund national security and good roads? I’m sure more “great ideas” from politicians will be in the pipes for the next session of congress too.

[TeresaE]

Originally Posted by Rainger99

The study also finds that DC, New York, New Jersey, and California have much fairer tax systems.

Who Pays? 7th Edition – ITEP

The ITEP “Study” fails to paint the whole picture when it comes to comparing the percentage people of different income levels pay in different states. The study makes assumptions and it omits several factors.

For example, the study assumes that because Florida has no income tax that lower income residents pay a higher percentage of their income in taxes than higher income residents because the states without income tax rely on property and sales tax to make up the difference. That’s a big assumption. Here’s why.

The study fails to take into consideration the fact that Florida has no state income tax because it relies heavily on income derived from tourism, which benefits all Floridians.

The study also omits the numerous sales, gas and toll tax holidays Florida has to “give back” to its residents.

The study fails to add in the numerous taxes many states have to raise revenue, such as New Jersey’s exit tax or California’s business start up taxes.

It doesn’t compare the various sales tax rates on goods and services and how they affect the take home income of lower income households. For example, California has the highest sales tax rate in the nation at 7.25% where as Florida’s is 6.0%.

Without taking all factors into consideration, there is no way to really know which states have the most overall regressive taxes.

Therefore, I give this article an F.

[midiwiz]

Originally Posted by Normal

Move to Florida, taxes on a new home with bond average 10,000 a year plus, and that’s without amenities, insurances or your annual income taxes!

That is only here. TV doesn't count. sorry

[BlueStarAirlines]

Originally Posted by Rainger99

The study also finds that DC, New York, New Jersey, and California have much fairer tax systems.

Who Pays? 7th Edition – ITEP

They are a little too biased and liberal to be taken seriously (ITEP – Informing tax policy debate nationwide ).

[Altawood]

A Flat Tax in all areas-Federal, State and local would be easier, eliminate 90% of accountants and tax lawyers and be perceived as fair. Everyone has to pay taxes in order to keep tax rates lower and everyone ‘invested’ in the system.

[Normal]

Originally Posted by Altawood

A Flat Tax in all areas-Federal, State and local would be easier, eliminate 90% of accountants and tax lawyers and be perceived as fair. Everyone has to pay taxes in order to keep tax rates lower and everyone ‘invested’ in the system.

Amen! Future needs could just be adjusted with consumption taxes leaving groceries out of the mix!

[Dusty_Star]

Originally Posted by Rainger99

I didn’t say I believed it.

Rainger dude, you most certainly did. This is your post:

Florida is the worst state in the country when it comes to tax fairness!
The study also finds that DC, New York, New Jersey, and California have much fairer tax systems.

If you don't believe an article, then write your own intro.

[Cobullymom]

Originally Posted by Rainger99

The study also finds that DC, New York, New Jersey, and California have much fairer tax systems.

Who Pays? 7th Edition – ITEP

What clowns did this study? We know what political persuasion they were of. Florida doesn't even have a state employment tax. It sounds more like a subjective study.

[Cobullymom]

Originally Posted by margaretmattson

The article is referring to a heavy burden caused by taxes in Florida for the poor. A cinge to pay for the wealthy but is causing low income families to live paycheck to paycheck. Some, going into debt. Other states have managed to tax accordingly where a percentage paid by the poor is fair. A person earning $15/hr has a difficult time buying groceries! They can not afford to be taxed at the same rate as the wealthy. Example: A 7% sales tax on a person earning $30,000 hits much harder than a person earning $100,000.

So you really think that taxation rates vary in the grocery stores or any other places people shop according to their wages? Oh my...smdh, a tax is a tax regardless of what state you live in. That applies to every state.

[MandoMan]

Originally Posted by Rainger99

The study also finds that DC, New York, New Jersey, and California have much fairer tax systems.

Who Pays? 7th Edition – ITEP

The article says, “ Essentially, it answers the following question: Are incomes more, or less, equal after state taxes than before? If high-income taxpayers are left with a higher percentage of their pre-tax income to spend on their day-to-day living and to save for the future than low- and middle-income taxpayers, the tax system is regressive and receives a negative Tax Inequality Index value.”

In other words, “Rob the Rich and Pay the Poor.” In places like DC, NJ, NY, and CA, however, it’s not “the rich” who get soaked. It’s most homeowners, most people with decent jobs that pay an average income. Presidents Obama and Biden suggested raising federal income taxes on income over $400,000 a year for a single person. Hardly anyone in The Villages has ever made that sort of money. I certainly never did. It wouldn’t affect us negatively. But these are states that are soaking people making over $50,000 a year. I don’t want to “end income inequality.” That’s a Communist idea, even if most of the people clamoring for it don’t realize it’s a Communist idea. Down that road lies madness, as they say.

[Normal]

So do taxes pay for government services? Or do taxes close the gaps on income distribution? Fairly slimy questions for greedy power grabbing government agencies.

[defrey12]

Originally Posted by margaretmattson

The article is referring to a heavy burden caused by taxes in Florida for the poor. A cinge to pay for the wealthy but is causing low income families to live paycheck to paycheck. Some, going into debt. Other states have managed to tax accordingly where a percentage paid by the poor is fair. A person earning $15/hr has a difficult time buying groceries! They can not afford to be taxed at the same rate as the wealthy. Example: A 7% sales tax on a person earning $30,000 hits much harder than a person earning $100,000.

It’s kind of funny that the article fails to mention the most regressive of taxes—and it doesn’t matter where one lives—Social Security from one’s paycheck. 7.5% directly to the Federal Government on every dollar earned, every paycheck. One doesn’t even get to see those dollars…gone before one gets their check.

[G.R.I.T.S.]

Originally Posted by Rainger99

The study also finds that DC, New York, New Jersey, and California have much fairer tax systems.

Who Pays? 7th Edition – ITEP

Then retire there, simple decision.

[lpkruege1]

Originally Posted by Rainger99

The study also finds that DC, New York, New Jersey, and California have much fairer tax systems.

Who Pays? 7th Edition – ITEP

I'm sure if you want to experience true, they will take you and your money.

[KenLee100]

Originally Posted by Rainger99

The study also finds that DC, New York, New Jersey, and California have much fairer tax systems.

Who Pays? 7th Edition – ITEP

This is great news for you! Since so many people are bailing out of those wonderful states, you will have your pick of places to live. God speed and best of luck!