Retiree Tax Heaven (and Hell)

[MULTIZ321]

Retiree Tax Heaven (and Hell)

Some things to consider in planning for retirement


Richard

 

[Fern Modena]

Interesting story. I live in Nevada. There is no state income tax, unlike where I came from. California has a 9.3% income tax, and that includes pensions. Sales taxes are slightly less here. Property tax is slightly lower here. Car insurance is a bit less, as is house insurance. DMV Fees (auto licensing) is high here compared to California, which has had an offset of more than half of their fees (a discount of the "real fees," which technically have not been changed). Many people I run into who come "from somewhere else" complain about the high DMV fees, forgetting that they pay no income tax.

I'd like to personally thank all of you who vacation in Nevada, and make deposits in our casinos. Your tourist dollars keep our overall taxes low.

 

[Kay H]

Gee, I live 30 min from Atlantic City. I wish I could say that the casino revenue keeps my taxes low. NJ has the highest property tax in the nation and pretty near the highest auto insurance. I don't know how our sales tax compares but I can take a guess.

 

[derb]

QUOTE--I'd like to personally thank all of you who vacation in Nevada, and make deposits in our casinos. Your tourist dollars keep our overall taxes low.
__________________
They ought to name a street after me.

 

[DonM]

Gee, I live 30 min from Atlantic City. I wish I could say that the casino revenue keeps my taxes low. NJ has the highest property tax in the nation and pretty near the highest auto insurance. I don't know how our sales tax compares but I can take a guess.

Yeah but look on the bright side, you do have relatively low gasoline prices!!

 

[vacationhopeful]

And along with our lowest gasoline prices, we (NJ-ites) have no self serve gas stations.

 

[DaveNV]

we (NJ-ites) have no self serve gas stations.

Neither does Oregon. Kind of different, when you're used to pumping your own gas.

Dave

 

[Brett]

Neither does Oregon. Kind of different, when you're used to pumping your own gas.
Dave

that law seems so bizarre,
is it to keep gas station employees employed?

 

[Dori]

Fern, you are most welcome! We are thinking to doing a quick trip out your way to help you even more! LOL!

Dori