The Conservative Cave
Current Events => Economics => Topic started by: Ptarmigan on February 16, 2014, 10:08:37 PM
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Top 10 cities with the highest tax rates
http://www.usatoday.com/story/money/personalfinance/2014/02/16/top-10-cities-with-highest-tax-rates/5513981/
Although a little late this year, due largely to the federal government's 17-day shutdown in 2013, tax season is here. And, according to a new report, what you owe in taxes could be largely determined by where you live.
The report, released by the Office of Revenue Analysis of the government of the District of Columbia, reviewed the estimated property, sales, auto and income taxes for a hypothetical family at various income levels in 2012 in the largest city within each state. City tax burdens vary widely. A family of three earning $75,000 in Cheyenne, Wyo., paid just $3,475, or 4.6% of its income, in state and local taxes. In Bridgeport, Conn., a family of three earning $75,000 paid $16,333, or 21.8% of its income — a total that does not even include federal taxes.
Hint, they are mostly in Blue States. Detroit is on the list.
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Liberals never consider the other taxes paid when they whine about increasing federal taxes.
However, I do remember some New York congress critter that thought higher income taxes should be regionally based.
Pretty sure that would be unconstitutional.
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Libs love higher taxes because they are so good at not paying them.
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I live in Louisiana which has the lowest property taxes in the country. $525 per year on a $200,000 home.
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In Bridgeport, Conn., a family of three earning $75,000 paid $16,333, or 21.8% of its income — a total that does not even include federal taxes.
Holy crap! Bridgeport is nearly as shitty as Detroit. Looks a sheer hellhole when you drive quickly past it to get away. Filthy and dark, dangerous and brutish. Why would anybody live there for the pleasure of paying those kinds of taxes?