Author Topic: This Tax Overhaul Will Be Final Straw for Many Californians  (Read 1396 times)

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Offline IsailedawayfromFR

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This Tax Overhaul Will Be Final Straw for Many Californians
« on: January 01, 2018, 09:20:12 pm »
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Get ready to see a lot of moving vans headed out of high-tax states, like California, New Jersey and Maryland. But for people in high-tax states, there are a few things they can try (other than moving).
As a financial adviser, one thing we regularly address with clients is the tax burden that hits higher-income individuals, and the savings they would rack up if they moved to another state. Among our clients in California, we have seen a mass exodus of higher-wage earners and retirees leaving the state … and the tax overhaul that passed Congress on Wednesday, Dec. 20, 2017, will cause even more to leave.

https://www.kiplinger.com/article/taxes/T055-C032-S014-tax-overhaul-final-straw-for-many-californians.html
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell

Offline WarmPotato

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Re: This Tax Overhaul Will Be Final Straw for Many Californians
« Reply #1 on: January 08, 2018, 12:10:26 am »
I would have left California by now if it wasn't for family here :/
Check out my youtube Channel!

https://youtu.be/b6E3JS3Dmaw