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Topic: Rankings ... ugh

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Cincydawg

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Re: Rankings ... ugh
« Reply #6384 on: Today at 08:59:09 AM »
I was told my property tax in Austin with my condo would be 3x what I pay here.  No state income tax though.

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Cincydawg

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Re: Rankings ... ugh
« Reply #6385 on: Today at 09:12:52 AM »
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utee94

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Re: Rankings ... ugh
« Reply #6386 on: Today at 11:54:38 AM »
Quote from: Cincydawg on Today at 08:59:09 AM
I was told my property tax in Austin with my condo would be 3x what I pay here.  No state income tax though.


If you're only paying $2K per year or something I suppose it's possible.
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Cincydawg

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Re: Rankings ... ugh
« Reply #6387 on: Today at 11:56:36 AM »
I have a nice condo.
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utee94

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Re: Rankings ... ugh
« Reply #6388 on: Today at 12:07:38 PM »
Man if you're only paying $2K per year in taxes on your nice condo, I'm moving to Atlanta!

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MikeDeTiger

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Re: Rankings ... ugh
« Reply #6389 on: Today at 12:24:58 PM »
You should see property taxes in Louisiana.  Virtually nothing.  

There's state income tax, but you'd have to make a heckuva lot for it to get to as much as property taxes here.  There's also grocery tax, too.  I've never tried to calculate what that saves us in TX.  

I'm definitely retiring back to LA tho.  
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utee94

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Re: Rankings ... ugh
« Reply #6390 on: Today at 12:31:41 PM »
The 3% state income tax in Louisiana versus my property tax here in the Austin suburbs comes out as about a wash.  I could of course choose to live in a cheaper location and pay less property tax.  I would never choose to make less money to avoid paying more income tax.

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utee94

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Re: Rankings ... ugh
« Reply #6391 on: Today at 12:38:16 PM »
Oh and state income tax in Georgia is apparently 5%.  Yikes. 
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Cincydawg

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Re: Rankings ... ugh
« Reply #6392 on: Today at 12:40:16 PM »
Property tax of course varies by county, and city, and even microlocale.

The Interwebz claims Austin property tax is 58 cents per hundred valuation.

Atlanta is about $12,000 per million.  So my kid was incorrect.

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Cincydawg

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Re: Rankings ... ugh
« Reply #6393 on: Today at 12:41:09 PM »
Quote from: utee94 on Today at 12:38:16 PM
Oh and state income tax in Georgia is apparently 5%.  Yikes.
Yes, and it's flat, I do get a pretty large deduction on retirement income.  
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847badgerfan

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Re: Rankings ... ugh
« Reply #6394 on: Today at 12:52:48 PM »
FL is very tax friendly. Insurance is expensive. 

We pay about half of what we paid for homeowner's insurance than when we first bought, but this house is now a fortress. Not everyone can do that, so most people pay a lot more than us.

Car insurance is really high, but I hear that it's gone up in most places. When we moved from Illinois, it was about double what it was up there.
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U RAH RAH! WIS CON SIN!
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