State Income Tax - Is it Worth it?

Originally posted by brokershopping
Are Vermont and Maine roughly similar to NH lifestyle-wise?
Are the economies similar? (ie housing market, job market,etc)

I used to live in NH when I was a kid, but it was 20+ years ago.

I wan't to move somewhere green. I've been in the desert of southwest Idaho for too long.

We wan't to try a different part of the country just for the experience of it. Any other "green" suggestions?

We are looking for:
Slow lifestyle
not too populated
not to far behind in technology (gotta have high-speed internet)
Less expensive is better than more expensive (cost of living)
Friendly and educated people

Any ideas?
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Freeport, Bahamas ...
 
Originally posted by TraderC
Lifestyle-wise, Maine and Vermont are kind of similar to rural NH. However, they not low tax states, are quite far from any large Metro area, people are not as well educated, and are much colder.

It seems to me that everything you are looking for can be found in NH. Besides, NH has no income and sales tax, Boston is not far away, and the coastal area is not much colder than New York City. A high percentage of NH residents are transplants from MA and other states, seeking more open space and a lower cost of living.
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BBBRRRRRRRR!:
http://www.cityrating.com/cityweather.asp?city=Concord
 
Originally posted by TraderC

Of course, if snow and cold do bother you, then don't consider NH.
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I love snow! It's wonderful! But only if there's more than 36 inches of it, it's on a mountain and it's only underneath my skis:D
 
i am from pa, we had a frost the other night, not kidding, i have been thinking of moving to florida for quite some time, i am in my 20s doesn't florida have some intangible tax that is similar to income tax, the 2 i am considering is florida and nevada, but nevada is maybe too far, in florida i have looked online at real estate in miami, ft lauderdale and south beach. i am going to look into boca and west palm beach. if i move to florida i would like to be near a beach and people my age, any suggestions ft lauderdale seems nice but wahts the population like there regarding age also i get dsl and cable here cant give that up its a must thanks
 
I moved from Hbg in 1999 to Raleigh NC. The weather is unbeatable, plus beaches mountains and lots of cool lakes and trails and things like that.

The thing I noticed when I left PA the last time I was visiting my mom was how grey it was. Just having it sunny most days makes a huge difference in my mood.

Downside is NC rapes you with taxes so maybe keep going to SC or down to FL.
 
yea im from nepa weather here sucks. i want to be near a beach, but at the same time dont want to or actually i cant give up dsl and cable, some posts indicated that was a problem. taxes also a issue. there was just a dem primary here and the winner said in his speech i read in the paper that pa was 48 in job creation, and 49 in population growth. anyone in florida know what the intangible tax is? is it similiar to income tax. thanks
 
Originally posted by cartm
anyone in florida know what the intangible tax is? is it similiar to income tax.
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I'm no tax expert, but the intangible tax is not an income tax. It is a tax on assets you own such as stocks. I believe in Florida it only kicks in if you have $100,000 or more, and even then it is only like one percent (or possibly less?). I don't recall if the rate is progressive, though I imagine it probably is.
 
If I remember correctly, Florida intangible tax is $1 per thousand on Stocks and Bonds (cash, cd's, retirement plan assets, and any Florida muni's are exempt). Applied to holdings on January 1.


Individual Filers - The first $20,000 of total taxable assets are exempt. Assets above $20,000 are taxed at $1 per thousand dollars of value.

Joint Filers - The first $40,000 of total taxable assets are exempt. Assets above $40,000 are taxed at $1 per thousand dollars of value.


Here are the details :

http://sun6.dms.state.fl.us/dor/taxes/ippt.html
 
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