Hypothetically your state passes a law that taxes all income an extra 20%. Would that inspire you to move to a different state?
I live in California, but I’m an Oregon resident (thank-God). I can do this since I I’m active duty and I can maintain my home state if residence while I’m stationed elsewhere. But I retire in 2 years, and the prospect of paying California taxes is already making me queasy.
Depends what they’re doing with that money
That’s absurd. It would just hurt the middle class- a lot.
Unless of course that's 20% of the current income tax, in which case, 20% of 0 is still 0.
Unfortunately, we are stuck here.
When I lived in NY and NJ, between state, local and federal taxes and excluding property taxes, I was taxed 60%+.
20% increase at the state level would be absurd
2 years ago N.J passed a budget, that figured in taxes coming from a wealthy resident. He moved!
The new governor promised the same, taxing the rich in N.J.
Come to PA, leave your politics in N.J...
Would this be a 20% percentage *point* increase or just a percentage increase?
Difference being a point increase would change 10% to 30%, while a percentage increase would be from 10% to 12%. If it was just a simple percentage increase then I would probably stay
Would you rather be robbed of $120 or $300 ?
Would you rather have no roads no police protection etc? Stupid to think taxes are robbery.
Sorry, I shouldn't have said "stupid". Rather it is "shortsighted".
It's fine, if someone was offended they would have said something by now