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PostPosted: Thu Jun 19, 2014 11:54 pm 
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I bought another van today .. The guy that I bought it from moved up here a few years ago from Florida .. He is a Canadian but he married a girl from Tennessee ..

He said they are moving back to Florida because he says it's much more economical to live in Florida .. He says he has had it here .. Being over taxed and the ice cold temperatures ...

He told me you guys hardly pay any taxes down there .. Starting to get me to wonder what the actual difference is ..

I know we are heavily taxed here .. About 30 % income tax .. About 5,000 and up property tax and then we have sales tax at 13% .. Just about everything here is over taxed ..

So how is it where you live

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PostPosted: Thu Jun 19, 2014 11:56 pm 
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We don't tax as much...deficits are easier 8-)

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PostPosted: Fri Jun 20, 2014 12:13 am 
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I have a very good friend that married a Canadian woman and moved to Kitchener, and the first thing he told me is that he should have stayed in Taxifornia, the taxes were lower there. I know you can get a nice one bedroom apartment in a gated complex in Winter Haven, Florida for $550.00 a month.

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PostPosted: Fri Jun 20, 2014 12:13 am 
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Where a Fernco can be used! :lol:


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PostPosted: Fri Jun 20, 2014 12:19 am 
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PostPosted: Fri Jun 20, 2014 12:31 am 
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O.S. wrote:
I bought another van today .. The guy that I bought it from moved up here a few years ago from Florida .. He is a Canadian but he married a girl from Tennessee ..

He said they are moving back to Florida because he says it's much more economical to live in Florida .. He says he has had it here .. Being over taxed and the ice cold temperatures ...

He told me you guys hardly pay any taxes down there .. Starting to get me to wonder what the actual difference is ..

I know we are heavily taxed here .. About 30 % income tax .. About 5,000 and up property tax and then we have sales tax at 13% .. Just about everything here is over taxed ..

So how is it where you live

I have heard in America house prices are generally lower but property tax is a killer?


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PostPosted: Fri Jun 20, 2014 1:02 am 
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Is the 13% sales tax on everything? Food?

Sales tax is a lot lower (none on food), property taxes vary widely (mine are very cheap, but I'll bet NY and Plumbinator pay a small fortune!)

Income tax is close to the same, but we don't have socialized medicine. My medical insurance is about $14,000 per year. I can't complain this year, it has been a lifesaver, but I definitely feel like I earned it after paying for so many years.

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PostPosted: Fri Jun 20, 2014 8:39 am 
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Sorry for the forthcoming political rant, but this subject strikes a nerve with me.
I most likely will not purchase the house next to my in laws due to the property taxes(we get along - we all too old and tired to argue)
The house is nice, but it is not a mansion. Property taxes = $24K. My in laws are paying about 14K.
The property taxes at my small shop rose from $5,800 to $10K this year.
The property taxes on my small house are $12K now.

The best part is that despite all the revenue, the counties are still broke. It doesn't help that this is partly due to unsustainable pension obligations to government workers to get politicians elected.
It's not like we are getting great service for all of the money, either. Cops are only there to pull over mothers in minivans and you if you do not genuflect at a stop sign.
Senior citizens are moving out of Long Island because of the taxes.

*I believe unchecked government expansion contributes to the downfall of our society. You cannot pay your taxes and insurance without a two person family income here. Additionally, people's jobs are not 9 to 5 anymore. The result is a lack of family cohesion and parental involvement.

The only way I know how to deal with this is to return the favor - I bid on government contracts, and look for change orders...

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PostPosted: Fri Jun 20, 2014 9:22 am 
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I heard bigger cities in Texas have high property taxes?


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PostPosted: Fri Jun 20, 2014 10:38 am 
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Property tax in Los angeles county Calif, are about 1.25% of assed value.

pay around 25 to 30% in income tax

9.25% sales tax

and pay for medical insurance on top of that.

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PostPosted: Fri Jun 20, 2014 8:20 pm 
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I have several rental properties that are classified as 'Low Income'. The property tax rate was locked in under an agreement with the County and I honored the agreement.

The County decided to renege on that agreement in 2011 and the taxes and assessed value of the properties have increased exponentially since then.

Here's the kicker -- The assessed value has increased because I chose to improve the properties and the lives of my low income tenants (I never raised the rents for these properties, btw). I didn't have to do that (improve the properties). They kicked me in the teeth and penalized me anyway.

I don't sell properties as a matter of policy, but I'm looking to dump these properties. I don't buy real estate to break even or operate at a loss.

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PostPosted: Fri Jun 20, 2014 8:45 pm 
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Self moderation, I removed my political posts
Sorry.

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PostPosted: Fri Jun 20, 2014 9:28 pm 
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canada > USA

'nuff said


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PostPosted: Fri Jun 20, 2014 9:40 pm 
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Smokes are cheaper down south but weed is more expensive!


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PostPosted: Fri Jun 20, 2014 9:54 pm 
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Beer is cheaper here, as well.


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