Just how much do you save in Texas without state income tax??

It's not that bad...geeze Packy!...... $65 a year to register pee cup, $5000 a year for taxes and ins. on home. ( taxes about $2500 ) and no income tax. Pay 8.25 on most stuff cept groceries and 6.25 on a new ride.

And you can water ski in December ( sometimes ) .....now bring what cha got !

JMO

 

Property taxes are generally higher in "no income tax" states, but a few states like CA and CT have both -- high income and high property taxes.

Property taxes vary in TX by a significant amount in different towns. Colleyville, TX is pretty dang high, my aunt tells me; but her home is 7 figures. Another relative in east Texas never mentions it.

 

If I ever lose my business, become disabled, or poverty stricken in some way, California would be my first choice on where to relocate.

It appears all the "go getters" in California are getting out of that place unless being there is key to their success. Even those few are getting second homes in other states to be their primary residence for tax reasons.

 

This is absolutely correct. Especially for school taxes. I live in Weatherford School District even though I am much closer to Aledo. 2 blocks E and my school taxes would be doubled. But it is one of the best in state and many people move there for great schools, family/church atmosphere, incredible high school football and other sports, proximity to Ft Worth-15 miles away. Mostly middle class with a healthy dose of upper. Each county sets their property taxes to cover yearly budget. Sales tax is our income tax. But it leaves how much you are taxed much more up to you based on your choices. Over all it usually works out less then states w/income taxes. And one less pain in rear at tax time..Fewer wasted Gov paychecks.

 

It's pretty to figure out... Look at what you pay your state each year and subtract that...DONE!

 

comparing ct to property tax to tx property , tx comes out ahead, but don't limit yourself to just texas the other southern will do ya just fine also.

 

Who said that property taxes are generally higher in non state income tax states
sorry but that's absolute NONSENSE!!!
You haven't lived in FL like I have.
my property taxes on my home in a suburb of Austin is around $3400 yr
in Orlando FL I'd be lucky if I paid $1200 on the same sq ft property. Duh!!
Houston is even worse, but RE is generally cheaper there than Austin.

 

let's see... cost of living in texas is way lower than most states where there are metropolis. you want cheaper then move to the dessert or the desolated states such as but not including all; MT, NM, AZ, OK, WY.. they want people out there, they're even willing to sell you land cheap!

Now if you compare from big city to big city (NY to Houston - LA to Dallas - Chicago to Ft. Worth - Miami to San Antonio - Pittsburg to Austin to name a few) cheaper cities and (to name a few bigger advantages) better schools, Hospitals, Roads, Social security (crime rates) housing, etc.. will always be the cities in texas.
now with that being said you can always move to "las cruces in NM" or to "Rocksprings in WY" it'll be cheaper, have fun seeing nothing but desserts, empty lands and beat down neighborhoods (not that there's nothing wrong with that)

Dr_Fandango: I can't help but wonder what kind of neighborhood you lived at in austin and where you live at in FL.. you can't compare. My sister lived in Ft. Lauderdale for 3 years and couldn't put up with the BS any longer. Now she owns a beautiful home (BRAND NEW FOR $145,000) in houston.

 

The registration isn't bad for renewals but they rape you on the first time.

I love how they list a fee for the license plate reflector paint!

 

My house in New York has an annual school tax - property tax of $15000. Switching my license back to NYS, $127. Registering your car in NYS? near NYC? $180 and a $50 MTA surcharge on top of that. Gas is 3.61 a gallon.

NYC and NYS have recently launched a 'move your business to NY' campaign stating how they are offering incentives for businesses to move to NY, but when you throw all the taxation in withNY being the highest in the nation along with the 2nd worst cost of living behind San Francisco, its no wonder that this year alone 96,000 people have moved out of NYS alone.



http://ideas.time.com/2013/10/17/10-reasons-texas-is-our-future/
Texas has no income tax. Per resident, it collects roughly $3,500 in taxes overall (including all state and local taxes) every year. By way of contrast, California collects $4,900 per resident — New York collects a whopping $7,400 per resident. Both states, of course, have income taxes.

Read more: 10 Reasons Texas Is America's Future | TIME.com http://ideas.time.com/2013/10/17/10-reasons-texas-is-our-future/#ixzz2nEn9YKuy