- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
No Income Tax in TX
Posted on 12/31/14 at 2:19 pm
Posted on 12/31/14 at 2:19 pm
This is one other thing I haven't seen mentioned with regards to Chavis leaving. At 6% Chavis would make an extra $78,000 annually even if A&M offered the same 1.3 million that LSU was offering.
11
Posted on 12/31/14 at 2:21 pm to Pianoman
It's been mentioned quite a bit
Posted on 12/31/14 at 2:21 pm to Pianoman
Doesn't Chavis live in TN?
He would pay 6%
He would pay 6%
Posted on 12/31/14 at 2:21 pm to Pianoman
Wow. Make it stop
Posted on 12/31/14 at 2:21 pm to Pianoman
Do they have higher property taxes? Are you assuming he won't buy a house?
Posted on 12/31/14 at 2:21 pm to Pianoman
They take it out of you with property taxes in Texas though.
Posted on 12/31/14 at 2:21 pm to Catman88
Didn't think TN had income taxes either.
Posted on 12/31/14 at 2:22 pm to Catman88
He could just change his primary residence to Texas and keep his place in TN
Posted on 12/31/14 at 2:22 pm to Pianoman
Its 6%
Posted on 12/31/14 at 2:22 pm to Pianoman
I am assuming here that you aren't a CPA. What Texas gives up on income taxes they more than make up for in other taxes such as property taxes.
Posted on 12/31/14 at 2:22 pm to Catman88
quote:
Doesn't Chavis live in TN?
He would pay 6%
The most he'd have to do is change his primary address and get a Tejas driver's license.
This post was edited on 12/31/14 at 2:25 pm
Posted on 12/31/14 at 2:24 pm to Gray Tiger
quote:
I am assuming here that you aren't a CPA. What Texas gives up on income taxes they more than make up for in other taxes such as property taxes.
I doubt he buys any property in Texas. He will rent an apartment in Texas as his primary residence. He will keep his property in Tennessee. I'm assuming you aren't a CPA, either. For the record, neither am I.
Is there a CPA in the building?
Posted on 12/31/14 at 2:25 pm to Pianoman
I don't think that's why he's leaving
Posted on 12/31/14 at 2:28 pm to Pianoman
Jindal had a plan to rid LA of its income tax and get competitive with Texas.
But Noooooooooo
But Noooooooooo
Posted on 12/31/14 at 2:30 pm to Gray Tiger
No way property taxes on even a 5 million dollar home are equivalent to 6% of 1.7 mil. Y'all are bad at math and economics.
Posted on 12/31/14 at 2:30 pm to LSUsuperfresh
This is very true. They get all of their money in property taxes.
Posted on 12/31/14 at 2:31 pm to Catman88
quote:
Doesn't Chavis live in TN?
He would pay 6%
Tennessee has no income tax
This post was edited on 12/31/14 at 2:34 pm
Posted on 12/31/14 at 2:32 pm to Air Force Tiger
Property taxes are proportionally cheaper on expensive properties. Income tax is progressive in that it affects higher income more. Not rocket science.
Posted on 12/31/14 at 2:32 pm to Pianoman
No Les in TX.
Posted on 12/31/14 at 2:33 pm to LSUsuperfresh
quote:
Are you assuming he won't buy a house?
Did he buy a house in Baton Rouge?
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News