Title: Americans ditched high-tax Democrat-run states for low-tax or no-tax havens Post by: CF DolFan on February 07, 2022, 10:37:33 am Not like we didn't already know this but I'm really interested to see how this affects voting. I personally feel that the mid-terms will slant Republican based on Joe and Kamala but beyond that I have to wonder if we will see a more conservative push amongst Democrats like there used to be? Taking people's money to spend on hippy things is cool and all until it's your money they are taking. I think you can add unnecessary lockdowns etc. as well.
https://www.dailymail.co.uk/news/article-10483039/Americans-ditched-high-tax-Democrat-run-states-low-tax-no-tax-havens.html Populations shrink in NY, NJ, California, Illinois and spike in Texas, Florida, Carolinas and Big Sky country The great migration during the pandemic has seen Americans flee high-tax Democrat-run states and flock to Republican-led low-tax or no-income-tax states, a study by The Tax Foundation found. 'People move to states with low-income tax for a multitude of reasons, sometimes it's the most direct and obvious reason that it reduces their own tax liability,' the vice president of state projects at the Tax Foundation, Jared Walczak, told Yahoo. 'Especially now that people have more capacity to move where they want, that will be a higher priority for some,' he added. ............... The states with the highest personal income taxes, California, Hawaii, New Jersey and Illinois, experienced the most staggering population losses. Title: Re: Americans ditched high-tax Democrat-run states for low-tax or no-tax havens Post by: Dave Gray on February 07, 2022, 11:27:02 am I do like having no state income tax. We have good public services locally in the county, though. We have pretty good parks and libraries. We still get the money, but it's on travel taxes and stuff like that.
Title: Re: Americans ditched high-tax Democrat-run states for low-tax or no-tax havens Post by: ArtieChokePhin on February 07, 2022, 11:42:23 am I do like having no state income tax. We have good public services locally in the county, though. We have pretty good parks and libraries. We still get the money, but it's on travel taxes and stuff like that. Here's a question for you, and if you feel like it, start another thread with a poll. What do you think would be better and why? No state income tax or no state sales tax? Title: Re: Americans ditched high-tax Democrat-run states for low-tax or no-tax havens Post by: Dave Gray on February 07, 2022, 11:56:53 am Here's a question for you, and if you feel like it, start another thread with a poll. What do you think would be better and why? No state income tax or no state sales tax? Depends on the state and where their money comes from and goes to. There's a balance -- you need taxes to have good services. Whether that comes from sales tax, exports, imports, property tax, state income tax, or tourism taxes -- you gotta get it from somewhere. Each state is different. Florida has a rich travel industry, so we get a lot of money from bed taxes and stuff like that. Other states might get it from gambling revenue. Others may require a higher sales tax on goods where there is a rich economy. Yet others might have to get it from income tax. Every state is going to be some combination of those things. This isn't news. Title: Re: Americans ditched high-tax Democrat-run states for low-tax or no-tax havens Post by: MyGodWearsAHoodie on February 07, 2022, 02:24:52 pm Correlation does not mean causation.
I know several people whose move followed this trend and all of the moves were in large part Covid driven. None of them indicated that they were moving either for lower taxes nor because they wanted to live in a republican state. The number one reason for the moves in all cases was lower housing prices either more house/more land for a lower purchase price or lower rents for larger/nicer apartments. Most of them either were switching from office based to all VO or mostly VO. Other reasons given: was nicer weather, being closer to family and in one case a desire to live near Disney World. In fact each one of them stated the biggest drawback of the move was in fact moving an area of the country that was less progressive. E.g. more hostile to homosexual or minorities, banning 0f teaching honestly about the horror of slavery, etc. None of my friends that moved to Florida or Texas because they loved Desantos or Abbott, in fact all of them are looking forward to voting against them. Title: Re: Americans ditched high-tax Democrat-run states for low-tax or no-tax havens Post by: Fau Teixeira on February 07, 2022, 05:31:59 pm I think a mass migration of Blue voters from large blue majority states into sparsely populated red states is a great thing for the democratic party. .. imagine even 200k democrats moving to montana .. forget purple .. it'll be a straight up blue state
Title: Re: Americans ditched high-tax Democrat-run states for low-tax or no-tax havens Post by: masterfins on February 07, 2022, 09:17:13 pm IMO the high movement of people is more due to crowding and Covid than anything else; and/or Covid may have been the final tipping point. For instance in my state of New York people are always moving south when they retire because they have put up with the cold winters for so long; of course lower taxes are also a great motivator. But for the past year there has been quite a migration of people out of NYC and highly populated parts of NJ. I live upstate, about 275 miles away from NYC along the PA border, and housing prices have shot up dramatically because of people moving out of NYC. I'm in the process of selling a single family rental property to someone from NJ that wants to move someplace less populated, all local realtors have the same story.
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