Started By
Message

States without income tax - how much of an effect does it have on standard of living?

Posted on 2/21/18 at 7:40 am
Posted by StringedInstruments
Member since Oct 2013
18326 posts
Posted on 2/21/18 at 7:40 am
As mentioned in a thread the other day, I'm applying to jobs. I noticed that Texas and Florida (along with a few other states) do not have state or local income tax.

Is it really helpful for people to get more money in their pocket, or is everything else in the state just more expensive?
Posted by CoachChappy
Member since May 2013
32504 posts
Posted on 2/21/18 at 7:40 am to
Their property taxes are higher
Posted by WPBTiger
Parts Unknown
Member since Nov 2011
30866 posts
Posted on 2/21/18 at 7:41 am to
Depends on what area of the state you live in for everyday expenses. However, state without income tax have higher property taxes.
This post was edited on 2/21/18 at 7:42 am
Posted by Jobu93
Cypress TX
Member since Sep 2011
19202 posts
Posted on 2/21/18 at 7:41 am to
Make no mistake you pay one way or another.
Posted by memphis tiger
Memphis, TN
Member since Feb 2006
20720 posts
Posted on 2/21/18 at 7:41 am to
It helps a little. But check out the differences in property taxes.

You have to keep in mind, the government will get your money. No state income tax doesn’t mean they are not screwing you in another way.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68264 posts
Posted on 2/21/18 at 7:42 am to
So rent?
Posted by TH03
Mogadishu
Member since Dec 2008
171035 posts
Posted on 2/21/18 at 7:43 am to
Basically just property taxes. Stuff isn't any more expensive in Dallas than in other similar areas. Sales tax is still just 8.25%.

If you have kids and live in a good school district, the property taxes are worth it. And if you rent, you don't pay them.
This post was edited on 2/21/18 at 7:44 am
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25943 posts
Posted on 2/21/18 at 7:44 am to
quote:

So rent?

Going to go out on a limb and say thats factored into rent as well
Posted by TH03
Mogadishu
Member since Dec 2008
171035 posts
Posted on 2/21/18 at 7:44 am to
quote:

Make no mistake you pay one way or another.



Haven't paid shite the whole 5+ years I've been here
Posted by BigOrangeBri
Nashville- 4th & 19
Member since Jul 2012
12261 posts
Posted on 2/21/18 at 7:45 am to
Tennessee has no state income tax, but our sales tax is high at 9.25%

My property taxes aren't bad
Posted by TH03
Mogadishu
Member since Dec 2008
171035 posts
Posted on 2/21/18 at 7:45 am to
quote:

Going to go out on a limb and say thats factored into rent as well


Rent is lower in Dallas than a lot of similarly sized cities. We paid even less in Collin county which has astronomical property taxes.
This post was edited on 2/21/18 at 7:46 am
Posted by mworld938
Jax Beach
Member since Sep 2008
1626 posts
Posted on 2/21/18 at 7:47 am to
I lived in Jacksonville. No income tax, sales tax was 6%, property tax was similiar to what I currently pay in St. Tammany which has a 10% sales tax. Auto insurance is alot higher in Louisiana.

I heard Texas property taxes are steep but they seem to have nice houses with a good square footage cost. Maybe ends up a wash.
Posted by chinhoyang
Member since Jun 2011
23298 posts
Posted on 2/21/18 at 7:47 am to
We pay 10 % where I live in Louisiana.
Posted by Directional Tiger
Rayne
Member since Sep 2012
441 posts
Posted on 2/21/18 at 7:48 am to
We have state income tax here and our sales tax is 10.5. Gotta love Louisiana.
Posted by AUCE05
Member since Dec 2009
42557 posts
Posted on 2/21/18 at 7:48 am to
They just make it up with property tax.
Posted by Displaced
Member since Dec 2011
32701 posts
Posted on 2/21/18 at 7:49 am to
I'm in Tennessee, it's great. And I believe our sales tax is still lower than Louisianas.

And auto insurance is way cheaper here than Louisiana.
This post was edited on 2/21/18 at 7:50 am
Posted by mailman
Houston
Member since Jul 2009
6143 posts
Posted on 2/21/18 at 7:49 am to
Louisiana is all about taxes
Posted by BigOrangeBri
Nashville- 4th & 19
Member since Jul 2012
12261 posts
Posted on 2/21/18 at 7:50 am to
Damn, Louisiana giving yall the business.
Posted by LSUintheNW
At your mom’s house
Member since Aug 2009
35746 posts
Posted on 2/21/18 at 7:50 am to
....its not that bad.
Posted by Dam Guide
Member since Sep 2005
15497 posts
Posted on 2/21/18 at 7:56 am to
Louisiana butt fooks you in taxes compared to Tenn. Definitely not a wash and my property tax isn’t that bad, even jacked up by double after getting annexed by the city.

Living so close to Georgia means I can go shopping there if I want to avoid Tenn sales tax too, but as stated above Tenn is lower than Louisiana on that too.
This post was edited on 2/21/18 at 7:59 am
Page 1 2 3 4 5 6
Jump to page
first pageprev pagePage 1 of 6Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram