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Old 06-29-2009, 05:39 AM
 
Location: Kentucky
6,749 posts, read 19,553,882 times
Reputation: 2116

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Quote:
Originally Posted by JefferyT View Post
^ OK, thanks....I recall you mentioned Dover Rd, and I thought that was in Shively. I had relatives living on Dover back in the 1960s...
Depends on what side of Dover you are on lol
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Old 07-07-2009, 05:30 PM
 
Location: Southern Charm
231 posts, read 602,571 times
Reputation: 177
Question Income Tax

Quote:
Originally Posted by johnsonkk View Post
Oh that is a good one . Of course you pay both taxes. Everyone in Jefferson pays their 'labor tax' of 2.5%.

Why in the hek is the Income Tax so high in Louisville and surronding area's? Even in Indiana, if your part of Louisville Metro it's 8.20% that's crazy

Corydon (zip 47112), IN,sales tax rate is 7.00%. Income tax is 8.20%.
QuickFacts
Population: 14,716
Pop. Change: 8%
State: Indiana
Metro Area: Louisville Metro Area
County: Harrison County
City: Corydon
Zip Code: Corydon (zip 47112)

This is just an example of one Town near Louisville.

Last edited by ChickeyDuck; 07-07-2009 at 05:37 PM.. Reason: more info added :-)
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Old 07-07-2009, 07:31 PM
 
Location: NOVA
4,521 posts, read 4,973,430 times
Reputation: 1912
Lightbulb More taxes...

Anyone that works in Louisville has to pay the local 'salary tax' of 2.5% but anything to do with Louisville taxes stops at the bridge. Southern Indiana has higher taxes than on the Kentucky side but there are better services and schools. You pay for it but those on that side like it that way and find it worth being on the north side of the Ohio river.

The counties neighboring Jefferson county can escape the higher property taxes of Louisville but employees still get hit with the 2.5% salary tax. This is one reason why there are a lot of industrial parks going up near the Jefferson county lines. Shelby and Bullitt counties both have large industrial parks that have successfully attracted business (and employees) that can live in Louisville but work 'outside' Louisville to escape the metro salary taxes. Every city and state has taxes - it's just a matter of where they get it from - salaries, property taxes, sales tax, income tax, etc.
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Old 07-08-2009, 05:51 AM
 
Location: Kentucky
6,749 posts, read 19,553,882 times
Reputation: 2116
Quote:
Originally Posted by ChickeyDuck View Post
Why in the hek is the Income Tax so high in Louisville and surronding area's? Even in Indiana, if your part of Louisville Metro it's 8.20% that's crazy

Corydon (zip 47112), IN,sales tax rate is 7.00%. Income tax is 8.20%.
QuickFacts
Population: 14,716
Pop. Change: 8%
State: Indiana
Metro Area: Louisville Metro Area
County: Harrison County
City: Corydon
Zip Code: Corydon (zip 47112)

This is just an example of one Town near Louisville.
Because it is in Indiana, not Kentucky despite it being in the "metro"
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Old 07-08-2009, 01:59 PM
 
Location: Southern Charm
231 posts, read 602,571 times
Reputation: 177
Quote:
Originally Posted by missymomof3 View Post
Because it is in Indiana, not Kentucky despite it being in the "metro"


Economy
--------------------------------------------------------------------------------

The unemployment rate in Louisville, KY, is 9.70%, with job growth of -3.20%. Future job growth over the next ten years is predicted to be 23.90%.

Louisville, KY Taxes

Louisville, KY,sales tax rate is 6.00%. Income tax is 8.20%.
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Old 07-08-2009, 08:21 PM
 
Location: NOVA
4,521 posts, read 4,973,430 times
Reputation: 1912
I can't imagine the numbers being much different in Indiana than in Louisville but thanks for the research - Census would be jealous. I hope you're not looking to relocate to the other side of the river solely based on taxes!
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Old 07-08-2009, 09:07 PM
 
Location: Southern Charm
231 posts, read 602,571 times
Reputation: 177
Quote:
Originally Posted by johnsonkk View Post
I can't imagine the numbers being much different in Indiana than in Louisville but thanks for the research - Census would be jealous. I hope you're not looking to relocate to the other side of the river solely based on taxes!
Thanks johnsonkk

I am from Indiana, just not from the southern part.
I will always be a proud Hoosier and I like Kentucky just as well.
My mom lives in Versailles KY .. Absolutely beautiful country..
She is always suggesting us moving there..ugh..sorry horse lovers, not into horses at all and that is to much horse country for me.
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